Question

(i) The term econometrics is formed from two words of Greek origin, ‘Oukovovia’ meaning economy and ‘vetpov’ meaning measure. 

(ii) Econometrics may be considered as integration of economics, statistics and mathematics.

(a) Both (i) and (ii) are true 

(b) Both (i) and (ii) are false 

(c) (i) is true but (ii) is false 

(d) (i) is false but (ii) is true

Answer 1

(a) Both (i) and (ii) are true