Question

American Express stock daily closing prices during 12/1/2018-12/1/2019 are:

		cross-sectional data
		all of these
		panel data
		time series data

Answer 1

American Express stock daily closing prices during 12 / 1 / 2018 to 12 / 1 / 2019 are - All of these ( Cross-sectional data, Panel data, Time series data ).

Reason : (i) in Statistics, Cross-sectional data is the type of data collected by observing various subjects over a point or period of time. Here different daily closing price values are observed during one year period. So this given data can be classified as Cross-sectional data.

(ii) In Statistics, Panel data are multidimensional data observed about some cross-section over a period of time. Here daily closing stock price values of the company American Express are measured over the year. So this given data is an example of Panel data.

(iii) In Statistics, the values of a variable recorded for diiferent time points or over a period of time for a population or an individual are called Time Series data. Here closing stock prices can be referred to as the variable which is recorded in a daily manner during 12/1/2018 to 12/1/2019 for the company American Express. So the given data is an example of Time Series data.