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Reading 10: Sampling and Estimation LOS c习题精选

LOS c: Distinguish between time-series and cross-sectional data.

Monthly Gross Domestic Product (GDP) figures from 1990-2000 are an example of:

A)

cross-sectional data.

B)

time-series data.

C)

systematic data.




A time-series is a group of observations taken at specific and equally spaced points in time. Cross-sectional data are observations taken at a single point in time.

The sample of per square foot sales for 100 U.S. retailers in December 2004 is an example of:

A)

unbiased data.

B)

cross-sectional data.

C)

time-series data.




Cross-sectional data are a sample of observations taken at a single point in time. A time-series is a sample of observations taken at specific and equally spaced points in time.

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