Select one:A.panel data setB.cross-sectionalC.time series **Nation: Armenia**- **WTO Status:** Member- **Per Capita GDP:** 5,400- **Trade Deficit:** 2,673,359- **Fitch Rating:** BB-- **Fitch Outlook:** Stable**Nation: Australia**- **WTO Status:** Member- **Per Capita GDP:** 40,800- **Trade Deficit:** -33,304,157- **Fitch Rating:** AAA- **Fitch Outlook:** Stable**Nation: Austria**- **WTO Status:** Member- **Per Capita GDP:** 41,700- **Trade Deficit:** 12,796,558- **Fitch Rating:** AAA- **Fitch Outlook:** Stable**Nation: Azerbaijan**- **WTO Status:** Observer- **Per Capita GDP:** 5,400- **Trade Deficit:** -16,747,320- **Fitch Rating:** BBB-- **Fitch Outlook:** Positive

Answered: cross-sectional

Math

Statistics

cross-sectional

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Select one:

panel data set

cross-sectional

time series

**Nation: Armenia**
- **WTO Status:** Member
- **Per Capita GDP:** 5,400
- **Trade Deficit:** 2,673,359
- **Fitch Rating:** BB-
- **Fitch Outlook:** Stable

**Nation: Australia**
- **WTO Status:** Member
- **Per Capita GDP:** 40,800
- **Trade Deficit:** -33,304,157
- **Fitch Rating:** AAA
- **Fitch Outlook:** Stable

**Nation: Austria**
- **WTO Status:** Member
- **Per Capita GDP:** 41,700
- **Trade Deficit:** 12,796,558
- **Fitch Rating:** AAA
- **Fitch Outlook:** Stable

**Nation: Azerbaijan**
- **WTO Status:** Observer
- **Per Capita GDP:** 5,400
- **Trade Deficit:** -16,747,320
- **Fitch Rating:** BBB-
- **Fitch Outlook:** Positive

Expert Solution

Step 1

Here we can see that there are 4 different nation whose various things like their WTO status, per capita GDP, trade deficit, Fitch Rating, Fitch Outlook is given.

We know that when data consist a group of nation, company, extra then this type of data is known as panel dataset.

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