Publication Details
Journal: American Journal of Corporate Management
Issue: Vol 1, No 7 (2024)
Pages: 239-242
ISSN: 2997-9404
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Abstract

Econometrics is the use of statistical and mathematical models to develop theories or test existing hypotheses in economics and to forecast future trends from historical data. It subjects real-world data to statistical trials and then compares the results against the theory being tested.

Keywords
Econometrics results theory
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