Recently, a bank manager pulled a sample of customer accounts and recorded data for two variables, checking account balance and total number of transactions during the previous 30 days. The data collected would be considered time-series data.

Question

Quizplus · Accepted Answer

The data collected is cross-sectional, as it captures a snapshot of different subjects (customer accounts) at a single point in time, rather than tracking the same subject across multiple time periods.

Recently, a Bank Manager Pulled a Sample of Customer Accounts