Suppose you have the following data set, which shows information about the wage, education level, work experience, and industry for several individuals in a particular year. The following is an example of such a data set. Wage Education Work Experience (Thousands of dollars) (Years) (Years) Industry 45 16 10 Teaching 75 18 5 Finance ... ... panel 85 14 Technology time-series cross-sectional The previous data set can best be classified as a data set.

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15. The different types of data
Suppose you have the following data set, which shows information about the wage, education level, work experience, and industry for several
individuals in a particular year.
The following is an example of such a data set.
Wage
Education
Work Experience
(Thousands of dollars)
(Years)
(Years)
Industry
45
16
10
Teaching
75
18
5
Finance
...
...
...
panel
85
14
Technology
time-series
cross-sectional
The previous data set can best be classified as a
data set.
Transcribed Image Text:15. The different types of data Suppose you have the following data set, which shows information about the wage, education level, work experience, and industry for several individuals in a particular year. The following is an example of such a data set. Wage Education Work Experience (Thousands of dollars) (Years) (Years) Industry 45 16 10 Teaching 75 18 5 Finance ... ... ... panel 85 14 Technology time-series cross-sectional The previous data set can best be classified as a data set.
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