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Why Do People Love Econometrics? 35% People Do (333 opinions)

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In economics, econometrics has been described broadly as the discipline that "aim[s] to give empirical content to economic relations." It has been defined generally as "the application of mathematics and especially of statistical methods to economic data" and more specifically as "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." Theoretical econometrics studies statistical properties of econometric procedures.

35% of 333 people Love Econometrics.

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