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 fact that median selling prices for homes are provided for a three-year period indicates that it is a time series data.

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