If a study examines several different markets at the same time, and compares outcomes with conditions in each market, it is specifically using:
A) time series data.
B) censored data.
C) controlled data.
D) truncated data.
E) cross-sectional data.

Question

Quizplus · Accepted Answer

Cross-sectional data involves examining different groups or markets at the same point in time, which is what is described in the question. Time series data involves tracking changes over time in a specific market, censored data involves missing or incomplete observations, controlled data involves manipulating one variable while holding others constant, and truncated data involves a restriction on the range of observation values.

If a Study Examines Several Different Markets at the Same