Guy Henderson Orcutt (July 5, 1917 – March 5, 2006) was an American

econometrician Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8 ...

. He was a long-time faculty member at the

University of Wisconsin–Madison A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United Stat ...

, and is known for developing the

Cochrane–Orcutt estimation Cochrane–Orcutt estimation is a procedure in econometrics, which adjusts a linear model for serial correlation in the error term. Developed in the 1940s, it is named after statisticians Donald Cochrane and Guy Orcutt. Theory Consider the mode ...

procedure. A native of

Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...

, Orcutt earned his bachelor's, master's and doctorate degree from the

University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...

. In 1959 he was elected as a

Fellow of the American Statistical Association Like many other academic professional societies, the American Statistical Association (ASA) uses the title of Fellow of the American Statistical Association as its highest honorary grade of membership. The number of new fellows per year is limited ...

.View/Search Fellows of the ASA
, accessed 2016-07-23.

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* 1917 births 2006 deaths 20th-century American economists Distinguished Fellows of the American Economic Association Fellows of the American Statistical Association Fellows of the Econometric Society Harvard University faculty Time series econometricians University of Michigan alumni University of Wisconsin–Madison faculty {{US-economist-stub