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Vocabulary Entry
econometric
|adjective • noun
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A
adjective
Relating to the application of statistical methods to economic data.
Example Sentences
"The econometric model predicted the economic growth for next year."
"She specialized in econometric analysis for her graduate thesis."
"Econometric techniques help economists make more accurate forecasts."
N
noun
The branch of economics that deals with the application of statistical methods to economic data.
Example Sentences
"Econometrics is essential for analyzing and interpreting economic relationships."
"He published several papers in econometrics, contributing to the field significantly."
"The study of econometrics involves both theory and practical applications."