*Cross section / time series data: 1) Cross section Data: data collected on different elements at the same point in time or for the same period of time. II) Time series Data: Data collected on the same element for the same variable at different points in time or for different periods of time: 24) Indicate which of the following is an example of a sample with replacement and which is a sample without replacement. a. Ten students are selected from a statistics class in such a way that as soon as a student is selected, his or her name is deleted from the list before the next student is selected.( ) b. A box contains five balls of different colors. A ball is drawn from this box, its color is recorded and it is put back into the box before the next ball is drawn. This experiment is repeated 12 times. )