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Basic Question 7 of 11
Which of the following statements is (are) correct?
II. The characteristics of the stocks traded in the NYSE on the last week of December of 2011 should be studied using time series data.
III. Time series data requires the collection of data over multiple periods.
IV. The evolution of the new currency of the European Union (Euro) during the 1990s can be captured using cross-sectional data.
I. Time series data is always preferable because it always captures more information than cross-sectional data.
II. The characteristics of the stocks traded in the NYSE on the last week of December of 2011 should be studied using time series data.
III. Time series data requires the collection of data over multiple periods.
IV. The evolution of the new currency of the European Union (Euro) during the 1990s can be captured using cross-sectional data.
User Contributed Comments 7
| User | Comment |
|---|---|
| jpducros | Why not II ? |
| redxxxs | Because it's not over a time period. |
| cleopatraliao | II is cross sectional data--its @ a single point in time...not euqally spaced time intervals:) |
| Seancfa1 | Why not IV? |
| Seancfa1 | All good, sorted. |
| Seancfa1 | single point in time. |
| ashish100 | keyword - evolution |
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Learning Outcome Statements
describe tools and techniques used in financial analysis, including their uses and limitations
CFA® 2025 Level I Curriculum, Volume 3, Module 11.