Which of the Following Is a Difference Between Panel and Pooled

question 20

Multiple Choice

Which of the following is a difference between panel and pooled cross-sectional data?

• A)A panel data set consists of data on different cross-sectional units over a given period of time while a pooled data set consists of data on the same cross-sectional units over a given period of time.
• B)A panel data set consists of data on the same cross-sectional units over a given period of time while a pooled data set consists of data on different cross-sectional units over a given period of time
• C)A panel data consists of data on a single variable measured at a given point in time while a pooled data set consists of data on the same cross-sectional units over a given period of time.
• D)A panel data set consists of data on a single variable measured at a given point in time while a pooled data set consists of data on more than one variable at a given point in time.

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Definitions:

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.

Strategic Decisions

High-level choices that determine the overall direction of an organization.

Relevant Analytics

Data analysis techniques that are applicable and useful for making informed decisions in a particular context or industry.

Webvan Supply Chain

Refers to the logistics and supply chain management strategies used by Webvan, an early online grocery delivery service, which is often studied for its rapid rise and subsequent failure.