econometrics
noun/ɪˌkɒnəˈmɛtrɪks/
Frequency rank: #19,187 of 20,003 in the WORDED list (wordfreq data)
Meaning
The application of statistical and mathematical methods to analyze economic data and test economic theories.
Example sentence
She decided to study econometrics in graduate school because she wanted to apply statistical methods to economic data.
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