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What Is Econometrics

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What is econometrics?


Definitions:

Conventional

Adhering to accepted standards and norms, especially in a way that lacks originality.

Intuitive Thought

A cognitive process that involves understanding or knowing something without the need for conscious reasoning.

Factual

Based on facts; representing information that is true and can be verified through evidence or observation.

Experimental

Pertaining to a method of investigation or testing that involves controlled conditions to explore hypotheses, establish causality, or discover effects.

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