Topic: Econometric
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What is Econometrics?
Econometrics is a field of study which applies statistical analysis and mathematical models to economic theory in order to forecast and test economic relationships between data. Read More »
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What is econometric?
Econometric is a mathematical and statistical tool for empirical economic analysis. An econometric model is a set of equations that depict the major relationship in the economy. It is usually used in economic analysis to illustrate cause-ef... Read More »
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How to Ace an Econometrics Test
Econometrics is the study of applying quantitative analysis to economic principles and trends. Since the development of economics, there has been a continually growing need for quantitative, empirical data related to theory. Whether you are... Read More »
Source: http://www.ehow.com/how_2081970_ace-econometrics-test.html
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Econometric
[ih-kon-uh-me-triks](n.) (used with a sing. v.) the application of statistical and mathematical techniques in solving problems as well as in testing and demonstrating theories
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Econometrics research is basically research that employs statistical techniques and economic theory to quantify, analyze and test relationships between two or more variables. Much of the time regression analysis is used to perform the resea...
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The Society which publishes the journal Econometrica. It was founded by Irving Fisher, Hotelling, Shewhart, Wiener, and others in 1930. External Links: http://www.econometricsociety.org/ -- Society home page.
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theoretical econometrics applied econometrics
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Econometric models are statistical models used in econometrics. An econometric model specifies the statistical relationship that is believed to hold between the various economic quantities pertaining a particular economic phenomena under st...
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1. the application of mathematics and statistics to the study of economic and financial data
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econometric: of or relating to econometrics
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