 
 <prompt> text: ```Econometrics na di application of statistical methods to economic data and e dey described as di branch of economics wey dey aim to give empirical content to economic relations. More precisely, e be "di quantitative analysis of actual economic phenomena based on di concurrent development of theory and observation, related by appropriate methods of inference". An introductory economics textbook describe econometrics as allowing economists "to sift through mountains of data to extract simple relationships". Di first known use of di term "econometrics" (in cognate form) na by Polish economist Paweł Ciompa for 1910. Jan Tinbergen dey considered by many to be one of di founding fathers of econometrics. Ragnar Frisch dey credited with coining di term for di sense wey e dey used today.

Di basic tool for econometrics na di multiple linear regression model. Econometric theory dey use statistical theory and mathematical statistics to evaluate and develop econometric methods. Econometricians dey try to find estimators wey get desirable statistical properties including unbiasedness, efficiency, and consistency. "Applied econometrics" dey use theoretical econometrics and real-world data for assessing economic theories, developing econometric models, analyzing economic history, and forecasting.

Di basic tool for econometrics na di multiple linear regression model. In modern econometrics, other statistical tools dey frequently used, but linear regression still dey di most frequently used starting point for an analysis. Estimating a linear regression on two variables fit be visualized as fitting a line through data points wey represent paired values of di independent and dependent variables.

Answer di following questions:
1. wetin be di method wey dem dey discuss?
2. wetin e be?
3. wetin e dey try to do?
4. wetin else dem dey consider am to be?
5. based on wetin?
6. wetin e allow economists to do?
7. when di word first use?
8. by who?
9. who e be?
10. who make up di term wey we dey use now?
11. who else play important role for coming up with am?
12. to wetin extent?
13. wetin be di most important tool for econometrics?
14. wetin dis theory dey use?
15. to accomplish wetin?
16. which one be di most used tool?
17. how dem dey do am?
18. how dem dey visualize am?
19. of wetin?
20. wetin be di main goal of an econometrician?

Numbered answers:``` <response>: ```1. Econometrics
2. di application of statistical methods to economic data
3. give empirical content to economic relations
4. di quantitative analysis of actual economic phenomena
5. di concurrent development of theory and observation, related by appropriate methods of inference
6. sift through mountains of data to extract simple relationships
7. 1910
8. Paweł Ciompa
9. one Polish economist
10. Ragnar Frisch
11. Jan Tinbergen
12. considered by many to be one of di founding fathers
13. di multiple linear regression model
14. statistical theory and mathematical statistics
15. to evaluate and develop econometric methods
16. linear regression
17. unknown
18. as fitting a line through data points representing paired values
19. di independent and dependent variables
20. to find estimators wey get desirable statistical properties``` 