Observations That Are Measured at Successive Points in Time Is

question 143

Multiple Choice

Observations that are measured at successive points in time is what type of data?

• A)Time-series data
• B)Cross-sectional data
• C)Successive data
• D)None of these choices.

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Definitions:

Binomial Random Variable

A type of random variable that takes on a fixed number of trials, each with two possible outcomes.

Normal Curve

A symmetrical bell-shaped curve that describes the distribution of many types of data where most occurrences take place around the mean.

Continuity Correction

An adjustment made when approximating a discrete distribution with a continuous one, often applied in binomial and poisson distributions.

Binomial Distribution

A probability distribution that describes the number of successes in a fixed number of independent experiments, each with the same probability of success.