Which Type of Data, Cross-Sectional Versus Time Series, Is More

question 86

Multiple Choice

Which type of data, cross-sectional versus time series, is more important to research?

• A) Neither type of data is important.
• B) Cross-sectional data is more important than time series data.
• C) Time series data is more important than cross-sectional data.
• D) Time series data and cross-sectional data are equally as valuable in different types of research.

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Definitions:

Operations

The activities involved in the day-to-day functions of a business related to producing and delivering its products or services.

Housekeeping Department

A division within a business, often within the hospitality industry, responsible for maintaining cleanliness, orderliness, and standards of hygiene.

Operating Departments

Sections or units within an organization directly involved in its core business activities, responsible for producing its goods or services.

Labor-hours

The total number of hours worked by all employees during a specific period, used as a measure in various calculations and operational decisions.