Asked by Sharea Walker (2017) on Sep 22, 2024

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Observations that are measured at the same time represent what type of data?

A) Time-series data
B) Cross-sectional data
C) Synchronous data
D) None of these choices.

Time-series Data

Data points collected or recorded at successive times, often with equal intervals between them.

Cross-sectional Data

A type of data collected by observing many subjects at the same point of time or without regard to differences in time.

Synchronous Data

Data that is collected or updated at the same time across the system or in a coordinated manner.

  • Understand the differentiation between time-series data and cross-sectional data.
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Liduvina Gonzalez1 day ago
Final Answer :
B
Explanation :
Cross-sectional data represents observations that are measured at the same point in time. Each observation represents a different individual or entity, providing a snapshot of a specific point in time. In contrast, time-series data represents observations that are measured over time for the same individual or entity. Synchronous data is not a commonly used term in statistics.