A time series is an arrangement of data according to __________________?
Correct answer: C. Time
- A. Place
- B. Yearly
- C. Time
- D. None
Explanation
A time series arranges observations in chronological order, such as daily, monthly, or yearly values. Yearly data are only one possible form of a time series, so time is the broader answer.
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Practise Index Numbers and Time Series
34 free Index Numbers and Time Series MCQs from Statistics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
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