Meaning of econometrics

e•con•o•met•rics

Pronunciation: (i-kon"u-me'triks), [key]
— n. (used with a sing. v.) Econ.
  1. the application of statistical and mathematical techniques in solving problems as well as in testing and demonstrating theories.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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