A Data Set Is a Balanced Panel If It _____

question 12

Multiple Choice

A data set is a balanced panel if it _____.

• A)consists of a sample of individuals,households,firms,cities,states,countries,or a variety of other units,taken at a given point in time.
• B)consists of observations on a variable or several variables over time
• C)consists of data for each cross sectional unit over the same time period
• D)consists of time-demeaned data for different cross sectional units

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Definitions:

Proximal Stimulus

The physical energy from a stimulus as it directly interacts with sensory receptors.

Retinal Image

The visual picture formed on the retina, the light-sensitive surface at the back of the eye, enabling sight.

Optic Nerve

A cranial nerve that transmits visual information from the retina to the brain.

Supertaster

A person with a heightened sensitivity to tastes, especially bitter flavors, due to having more taste buds than average.