Testing a theory by comparing the theory's implications with data obtained in the real world is called
A)empirical analysis.
B)descriptive calibration.
C)historical variance analysis.
D)univariate analysis.

Question

Quizplus · Accepted Answer

Empirical analysis involves testing a theory or hypothesis by comparing it with data collected from the real world. Descriptive calibration, historical variance analysis, and univariate analysis do not necessarily involve testing a theory in this way.

Testing a Theory by Comparing the Theory's Implications with Data