Asked by Ashley Swearingen on Sep 22, 2024

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Which of the following represents time-series data?

A) The length of time each of the top 100 stocks have been available on the NYSE.
B) The most popular time of year that people purchase the top 100 stocks on the NYSE.
C) The value of the #1 stock on the NYSE each month over a one-year period.
D) All of these choices are true.

Time-series Data

Data that consists of sequence of values or events obtained over successive times, often analyzed to understand trends, cycles, or predictions.

NYSE

The New York Stock Exchange, a prominent stock exchange located in New York City, known as a global marketplace for buying and selling stocks.

Stocks

Shares of ownership in a company that give holders a claim on the company's earnings and assets.

  • Comprehend the distinction between time-series and cross-sectional data.
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Original Osiris4 days ago
Final Answer :
C
Explanation :
Time-series data refers to data that is collected over a period of time and shows patterns or trends over that time period. Option C represents the value of the #1 stock on the NYSE over a one-year period, which is collected over time and shows a pattern or trend, therefore it represents time-series data. Options A and B are both related to the top 100 stocks on the NYSE, but do not involve collecting data over a period of time, therefore they do not represent time-series data. Option D is incorrect, as only option C represents time-series data.