Indicate whether the data are time series or cross-sectional Number of motorcycl
ID: 3231547 • Letter: I
Question
Indicate whether the data are time series or cross-sectional Number of motorcycles sold in a dealership on each day of August Choose the correct answer below. A. The data are time series because the data are taken from situations that vary over time but are measured at a single time instant. B. The data are time series because the data are measured over time. C. The data are cross-sectional because the data are measured over time. D. The data are cross-sectional because the data are taken from situations that vary over time but are measured at a single time instant.Explanation / Answer
B. The data are time series because the data are measured over time
(Measurement is done on each day of August which makes the data time series)