Economics
Database Programming
Statistics

What is econometric?

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06/21/2017

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-effect relations and to help to predict the future tendencies for key variables.

Source(S): heytutor.com/econometrics-tutor