Economic Data Analysis Terms

adjective relating to, based on, or verifiable by observation or experience rather than theory or pure logic

• The researchers conducted an empirical study to gather data on the effectiveness of the new drug.
• She based her argument on empirical evidence from various sources.
• I don't need proof, I just know it works from my own empirical research.
• His decision was not based on empirical evidence, but rather on gut feeling.

adjective describing or relating to numbers or numeration

• The numerative system used in ancient civilizations was based on symbols representing different quantities.
• I never understood the numerative system they use in that country, it's so different from ours.
• I can't deal with all these numerative symbols, it's too confusing for me.
• The numerative language of music allows musicians to communicate complex rhythms and melodies.