Real estate agencies 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 provided by real estate agencies on quarterly median selling prices for homes over a three-year period are time series data because they are collected at and ordered by specific points in time.

Real Estate Agencies Keep Track of Housing Prices in a Given