Econometrics

What Does It Mean?
What Does Econometrics Mean?
The application of statistical theories to economic ones for the purpose of forecasting future trends.
Investopedia Says
Investopedia explains Econometrics
Econometrics takes economic models and tests them through statistical trials. The results are then compared and contrasted against real life examples.
Related Links
  • Economics Basics - Learn economics principles such as the relationship of supply and demand, elasticity, utility, and more!
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