Which of these statements is true about panels?
A) Relatively large amounts of data can be collected.
B) Panels may not be representative.
C) Panel data can be more accurate than cross- sectional data.
D) All of the above statements are correct.

Question

Quizplus · Accepted Answer

Panels can collect large amounts of data, may not always be representative, and can provide more accurate data than cross-sectional studies due to repeated observations over time.

Which of These Statements Is True About Panels