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Question 27 of 38

Q.Econometrics is the word coined by :

(a) Karl Pearson
(b) Francis Galton
(c) Spearman
(d) Ragnar Frisch
Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★
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The word 'econometrics' was coined by Ragnar Frisch.

Econometrics is the branch that applies statistical and mathematical methods to economic data to test economic theories and estimate relationships. The Norwegian economist Ragnar Frisch coined the term 'econometrics' in 1926 and was a founder of the Econometric Society; he was also a co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969.

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