Econometric Models Can Also Be Called _____ Models

question 21

Multiple Choice

Econometric models can also be called _____ models.

• A)judgmental
• B)time series
• C)causal
• D)environmetric

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Definitions:

Reliability

The consistency of a test, assessment, or measurement tool to produce the same results under the same conditions over time.

Reliability

The consistency and dependability of a process, test, or system in performing and producing the same results under the same conditions.

Measures

Quantifiable indicators used to assess the performance, efficiency, or condition of a process, system, or project.

Developmental Purposes

The use of processes, activities, or strategies aimed at facilitating growth, skill acquisition, or improved performance for the benefit of an individual or organization.