What justies the inclusion of a disturbance or error term
1. In what way and for what purpose are
(a) economic theory,
(b) mathematics, and
(c) statistical analysis combined to form the ?eld of study of econometrics? 2. What justi?es the inclusion of a disturbance or error term in regression analysis?
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1 what is meant bya econometricsb regression analysisc disturbance or error termd simultaneous-equations models2 a
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1 in what way and for what purpose area economic theoryb mathematics andc statistical analysis combined to form the eld
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