Which of the following is true of time series data?
A)The time series data is easier to analyze than cross-sectional data.
B)The time series data are independent across time.
C)The chronological ordering of observations in a time series conveys potentially important information.
D)A time series data set consists of observations on a variable or several variables at a given time.

Question

​Which of the following is true of time series data?
A)​The time series data is easier to analyze than cross-sectional data.
B)​The time series data are independent across time.
C)​The chronological ordering of observations in a time series conveys potentially important information.
D)​A time series data set consists of observations on a variable or several variables at a given time.

Quizplus · Accepted Answer

Chronological ordering of observations in a time series conveys potentially important information. The time series data can be complex and require special analytical techniques. Time series data are dependent across time as each observation is related to the previous observation. A time series dataset consists of observations on a variable or several variables over a period of time.

​Which of the Following Is True of Time Series Data

Which of the Following Is True of Time Series Data