An example of a time series data set is one for which the:
A)data would be collected for a given firm for several consecutive periods (e.g. ,months).
B)data would be collected for several different firms at a single point in time.
C)regression analysis comes from data randomly taken from different points in time
D)data is created from a random number generation program.
E)use of regression analysis would impossible in time series.

Question

Quizplus · Accepted Answer

A time series data set involves collecting data for a given variable over consecutive periods of time. In this case, the data would be collected for a single firm over several months, allowing for analysis of trends and patterns over time. Options B, C, D, and E do not fit the definition of a time series data set.

An Example of a Time Series Data Set Is One