Question: *Cross section / time series data: I) Cross section Data: data collected on different elements at the same point in time or for the same

 *Cross section / time series data: I) Cross section Data: data

*Cross section / time series data: I) 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. ). *Cross section / time series data: I) 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. )

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