Which of the following is an example of a time series?
A) The number of daily visitors to the Niagara Falls during the month of April.
B) The recorded exam scores of students in a class.
C) The sales prices of single family homes sold last month in Florida.
D) The current average prices of regular gasoline in different states of the U.S.

Question

Quizplus · Accepted Answer

A time series is a set of data points collected over time, typically at regular intervals. The number of daily visitors to Niagara Falls during the month of April is a time series because it is collected over a set period of time (the month of April) and at regular intervals (daily). The other options (B, C, and D) are not time series because they do not involve data collected over a set period of time at regular intervals.

Which of the Following Is an Example of a Time