Panel data differs from cross-section data in that panel data is observed
A)for a number of different individuals in a given time-period.
B)for a given individual in a number of different time-periods.
C)for a given individual in a given time-period.
D)for a number of different individuals in a number of different time-periods.

Question

Quizplus · Accepted Answer

Panel data is characterized by observing multiple subjects (individuals, firms, countries, etc.) over multiple time periods, combining the features of both cross-sectional data (different individuals) and time series data (different time periods).

Panel Data Differs from Cross-Section Data in That Panel Data