Which of the following is an example of time series data?
A)The sales price of townhouses sold last year
B)Quarterly housing starts collected over the last 60 years
C)Results of market research testing consumer preferences for soda
D)Starting salaries of recent business graduates at Penn State University

Question

Quizplus · Accepted Answer

Time series data is a collection of observations collected over time, where each observation is associated with a timestamp or a time period. Quarterly housing starts collected over the last 60 years is an example of time series data as it provides information about the number of new housing construction starts in each quarter of each year over a long period of time. The other options do not involve time-related information, and therefore, are not examples of time series data.

Which of the Following Is an Example of Time Series