adjective
- of, relating to, or using econometrics; employing statistical and mathematical methods to analyze economic data and test economic theories
Usage: technical; formal
Examples
- The econometrical analysis revealed a strong correlation between inflation and unemployment.
- Researchers used econometrical models to forecast GDP growth for the next quarter.
- Her econometrical approach to studying consumer behavior was groundbreaking.
- The econometrical evidence supported the hypothesis that interest rates affect housing demand.
- Econometrical techniques are essential in modern economic policy evaluation.