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PRC-2 · Chapter 7 · Question 59 of 60

Statistical data gathered from multiple different corporations representing their exact net profit for the year ending 2024 is an example of:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Cross-sectional data

Explanation

Data collected across a variety of different subjects (like multiple companies or regions) at one single, specific point in time is technically defined as cross-sectional data.

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