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What Is Econometrics?

What Is Econometrics?

Econometrics is the application of statistical methods to economic data in order to test hypotheses and estimate empirical models. Some key topics in econometrics include: Linear regression: A method for estimating the relationship between a dependent variable and one...

3 statistical data types

In Econometrics and Finance analysis of large sets of data is required in order to identify the various financial indices. In this article, we will cover the various types of data used in the field of econometrics including Cross-sectional data, time-series data, and...
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