Question

QUESTION 8 data The daily closing values of the Dow Jones Industrial Average over a period of 30 days are best described as cross-sectional Discrete time-series O nominal

Answer 1

Question 8: Over The daily Closing values of the Dow Jones Industrial average perood of 30 doys Que best described as data. - Ans. Time Series Time seres is series of data points indexed Cor listed) in time order, QUASH Time sories is sucessive equally equally spaced points in time. a a Sequence takes Question 9 Hoco is the median defined if the number of obsenation is even ? Ans. A average of the two middle numbers. LE the then OF number of obsonation is even median is the simple average middle two numbers . the