Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.
Paul Samuelson
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This page presents the quote "Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.". Author of this quote is Paul Samuelson. This quote is about observation, analysis, economic, related, may, inference, theory, development, defined,.