Real estate agencies also keep track of housing prices in a given area. Suppose
They also provide their clients with quarterly median selling prices for homes in a given
Area for the past three year period. These data are
A) Cross-sectional
B) Time Series
C) Categorical
D) Nominal
E) Ordinal

Question

Quizplus · Accepted Answer

The data is time series because it involves tracking median selling prices over a period of time (quarterly over three years).

Real Estate Agencies Also Keep Track of Housing Prices in a Given