ECONOMETRICS

econometrics

(noun) the application of mathematics and statistics to the study of economic and financial data

Source: WordNet® 3.1


Etymology

Noun

econometrics (uncountable)

(economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.

Anagrams

• treeconomics

Source: Wiktionary



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Word of the Day

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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