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Search results with tag "What is econometrics"
2 What is econometrics? - Yıldız Teknik Üniversitesi
yildiz.edu.tr5 Why Do We Need Econometrics? I We learned statistical methods so why do we need a separate discipline? I The reason is as follows: econometrics focuses on the analysis of nonexperimental economic data. I Nonexperimental data (or observational data) are not obtained through controlled experiments on economic agents (consumers, rms, households, sectors, countries, etc.)