Question

distinguish between time series analysis and cross-sectional analysis. in order to compare each type of data...

distinguish between time series analysis and cross-sectional analysis. in order to compare each type of data series we should make and adjustment. Explain

Homework Answers

Answer #1
Time series data : That data which is spread over time period like 6 months,  
a year , two year etc., generally the data is of equal space period. The series are
used to compare the data of two periods.
Cross-sectional data : The data of a time period is detailed in various individual  
or groups with common variables. This type of series is used to compare the
group or a individual item of two period for analysis and decision-making
purpose, like R&D expenses, HR expenses etc.
There always requires to be some adjustments required in each of the series
for making appropriate comparison of two period data because categories of
items in the data keeps on changing as per the dynamic business situations.
Moreover, the inflationary difference between the figures of two period is
always there, which requires appropriate adjustments.
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is a key difference between cross-sectional momentum and time-series momentum? Time-series momentum long/short can be...
What is a key difference between cross-sectional momentum and time-series momentum? Time-series momentum long/short can be non-zero-cost occasionally Cross-sectional momentum is always market beta neutral Time-series momentum looks at time-series of cross-sectional momentum profits
For each of the following, state whether it is i) time-series, cross-sectional, or panel data and...
For each of the following, state whether it is i) time-series, cross-sectional, or panel data and ii) quantitative or qualitative data. a. Daily gold prices at the end of the day. b. Marital status of individuals living in Abu Dhabi 2017. c. Survey of Professional Forecasters which collects forecasts made by several forecasters of GDP, inflation rate, and other variables every quarter. me SarieS
Use practical examples to distinguish between a cross-sectional survey and a longitudinal survey.
Use practical examples to distinguish between a cross-sectional survey and a longitudinal survey.
Think of three specific data analysis applications that deal with time series data and describe what...
Think of three specific data analysis applications that deal with time series data and describe what type of information could be learned by performing time series analysis on them.
NO HANDWRITTEN ANSWERS PLEASE How are a time series and a cross-section of a data set...
NO HANDWRITTEN ANSWERS PLEASE How are a time series and a cross-section of a data set similar?
Distinguish between the levels of prevention. Provide two (2) examples of each type of prevention. Identify...
Distinguish between the levels of prevention. Provide two (2) examples of each type of prevention. Identify the circumstances and settings in which each level is indicated. Explain your answers.
From a philosophical standpoint, Distinguish between deductive and inductive reasoning and demonstrate when each type of...
From a philosophical standpoint, Distinguish between deductive and inductive reasoning and demonstrate when each type of reasoning is appropriate. Discuss a time in your life when you have used each type of reasoning. The response must be 200 words
Quantitative designs may be categorized according to time. Differentiate between the time dimensions of data collection...
Quantitative designs may be categorized according to time. Differentiate between the time dimensions of data collection described in these studies. Group of answer choices For a study on health beliefs, the researcher surveyed high school students at freshman to senior levels during the first week of the semester.       [ Choose ]            retrospective            cross-sectional            longitudinnal       The researcher conducted a chart review to describe nursing interventions for pain control...
An analyst considers to test the order of integration of some time series data. She decides...
An analyst considers to test the order of integration of some time series data. She decides to use the DF test. She estimates a regression of the form 〖Δy〗_t=μ+ψy_(t-1)+u_t and obtains the estimate ψ ̂=-0.03 with standard error = 0.32. a) What are the null and alternative hypotheses for this test? b) Given the data, and a critical value of -2.88, perform the test? c) What is the conclusion from this test and what should be the next step? d)...
What method of analysis (IR, CNMR, mpt, HNMR) would distinguish between iodovanillin and bromovanillin without looking...
What method of analysis (IR, CNMR, mpt, HNMR) would distinguish between iodovanillin and bromovanillin without looking for literature data on the compounds? Explain.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT