An example of a time series data set is one for which the:
A) data would be collected for a given firm for several consecutive periods (e.g.,months).
B) data would be collected for several different firms at a single point in time.
C) regression analysis comes from data randomly taken from different points in time.
D) use of regression analysis would impossible in time series.
E)data is created from a random number generation program.

Question

Quizplus · Accepted Answer

Time series data sets involve collecting data for a single entity, such as a firm, over several consecutive periods (e.g., months, years). Therefore, choice A is the best answer since it describes a data collection process that aligns with the characteristics of a time series data set.

An Example of a Time Series Data Set Is One