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Wat is meant by econometrics regression analysis and

1. What is meant by

(a) Econometrics?

(b) Regression analysis?

(d) Simultaneous-equations models?

2. (a) What are the functions of econometrics?

(b) What aspects of econometrics (and other social sciences) make it basically di?erent from most physical sciences?

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Basic Statistics: Wat is meant by econometrics regression analysis and

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