An analyst studies a data set of the year-end book value per share for all companies listed on the New York Stock Exchange. This data set is best described as
A) time series data.
B) cross-sectional data.
C) neither time series nor cross-sectional data.
D) a combination of time series and cross-sectional data.

Question

Quizplus · Accepted Answer

The data set of the year-end book value per share for all companies listed on the New York Stock Exchange is cross-sectional data as it represents a snapshot of a single point in time for multiple units (companies). It is not a time series data as it does not track the change in book value per share over time for a single unit.

An Analyst Studies a Data Set of the Year-End Book