econometrically

/ɪˌkɑnəˈmɛtrɪkli/
adverb
  1. In a way that uses mathematical and statistical methods to analyze economic data.
    • The study econometrically tested whether higher education leads to higher wages.
    • They econometrically estimated the effect of advertising on sales using historical data.
    • The researchers econometrically modeled the relationship between unemployment and consumer spending.
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