The most important statistical tool in empirical economics is
A) regression analysis.
B) intention to treat.
C) causation.
D) difference-in-differences.

Question

Quizplus · Accepted Answer

Regression analysis is widely regarded as the most important statistical tool in empirical economics because it allows economists to estimate the relationships between variables, which is crucial for understanding economic phenomena and testing economic theories.

The Most Important Statistical Tool in Empirical Economics Is