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An assignment of econometric analysis will help the students to know the simple meaning of econometrics, its scope means where the econometrics can be easily applied, moreover what the procedure of doing econometric analysis is. In simple words , econometrics is one of the branch of economics which helps in implementing statistical and mathematical theories to do predictions about the trends of future and to test the hypothesis. The scope of Econometrics Analysis:
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Unlike history, geography, science, which are commonly studied by millions of people all around the world, econometrics is a relatively specific subject that is studied by relatively few people. As a result, if you have been set any homework to do for the subject and you are struggling with any assignments that you need to complete, then finding homework solutions is not necessarily as easy as it would be for other subjects. However, despite the relatively specific nature of a subject such as econometrics, it is still possible to find effective solutions using a variety of different methods.
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