​Which of the Following Is True of Time Series Data

question 24

Multiple Choice

​Which of the following is true of time series data?

• A)​The time series data is easier to analyze than cross-sectional data.
• B)​The time series data are independent across time.
• C)​The chronological ordering of observations in a time series conveys potentially important information.
• D)​A time series data set consists of observations on a variable or several variables at a given time.

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Definitions:

Real Property

Refers to land and anything permanently attached to it, such as buildings, in contrast to personal property.

Tangible Property

Physical assets that can be touched and seen, such as real estate, vehicles, furniture, and other material possessions.

Wild Animal

An animal that is not domesticated and lives independently of human control or ownership, often subject to specific legal considerations.

Possession

Possession signifies the control or occupancy of property without regard to ownership.