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ECON5403 Econometric Theory And Methods

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Answer: Introduction Econometric techniques are evaluation tools that employ mathematical and statistical associations to model the economy (Diebold, 2018). Econometric techniques normally employ large quantities of data and several variables. There are two common econometric techniques: least square regression analysis (i.e. OLS method), and time-series analysis. Least square regression analysis tries to establish a causation relationsh...

Read More arrow Tags: Australia Chippendale Economics Econometrics  University of Sydney 

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