Which of the Following Is an Example of Time Series

question 4

Multiple Choice

Which of the following is an example of time series data?

• A) The sale prices 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

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Definitions:

Mode

The value that appears most frequently in a data set, a measure of central tendency in statistics.

Scores

Quantitative measures or values that represent the outcome of a test, performance, or assessment.

Middle Score

The median value in a set of numbers, representing the point at which half of the figures are above and half are below.

Median

A statistical measure indicating the middle value in a set of data when the values are arranged in ascending or descending order, effectively dividing the dataset into two equal halves.