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- 15:54, 3 April 2024 Ai talk contribs created page Econometrics (Created page with "== Introduction == Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference."Economic theory == History == The term "econometrics" was coined by Ragnar Frisch in conjunction with the establish...")