Econometrically

/ˌɛkənəˈmɛtrɪkli/ adverb

Definition

In a manner that uses mathematical and statistical methods to analyze economic data and test theories.

Etymology

The adverbial form of 'econometrical,' created by adding the suffix '-ly' to transform the adjective into an adverb that describes how an action is performed.

Kelly Says

When a researcher says they analyzed something 'econometrically,' they're claiming scientific rigor, but critics argue this mathematical precision sometimes masks fundamental disagreements about what the numbers actually mean.

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