Its expected value is the true value of the parameter. Unbiasedness, efficiency and consistency are … properties of estimators? Studying relationship between economic variables. Studying relationship between demand and supply. Studying relationship between production and price. Studying relationship between goods and prices. An economist mainly uses econometrics for.? Which is not a phenomena studied under econometrics? Mathematical analysis of economic relationship.Īlso read: IBPS AFO Multiple Choice Questions Statistical analysis of economic relationship. The term econometrics was coined by (in modern sense).? The founding fathers of econometric are.? The first known use of the term ‘econometrics’ was by given by.? *New: Buy topic or syllabus-wise MCQ and notes. Concurrent development of theory and observation, and these are related by appropriate methods of inference. The quantitative analysis (econometrics) is based on.?
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