Econometrics Quiz
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Questions and Answers

Which term is used to describe the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation?

  • Econometrics (correct)
  • Statistical methods
  • Economic data
  • Inference

    • Who is one of the founding fathers of econometrics?

  • Jan Tinbergen (correct)
  • Ragnar Frisch
  • Both Jan Tinbergen and Ragnar Frisch
  • None of the above

    • What is the basic tool for econometrics?

  • Multiple linear regression model (correct)
  • Econometric methods
  • Mathematical statistics
  • Statistical theory

    • What do econometricians try to find in their estimators?

    <p>All of the above (D)</p> Signup and view all the answers

    What does applied econometrics use?

    <p>Theoretical econometrics (A)</p> Signup and view all the answers

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