FINANCE

A Financial analyst may use regression and correlation to help

understand the relationship of a financial ratio to a set of
other variables in business

Economic statistics is a topic in applied statistics that

concerns the collection, processing, compilation,
dissemination, and analysis of economic data. It is also
common to call the data themselves 'economic statistics', but
for this usage see economic data. The data of concern to
economic statistics may include those of an economy of
region, country, or group of countries. Economic statistics may
also refer to a subtopic of official statistics for data produced
by official organizations (e.g. national statistical services,
intergovernmental organizations such as United Nations,
European Union or OECD, central banks, ministries, etc.).
Analyses within economic statistics both make use of and
provide the empirical data needed in economic research,
whether descriptive or econometric. They are a key input for
decision making as to economic policy. The subject includes
statistical analysis of topics and problems in microeconomics,
macroeconomics, business, finance, forecasting, data quality,
and policy evaluation. It also includes such considerations as
what data to collect in order to quantify some particular aspect
of an economy and of how best to collect in any given
instance.