Final answer:
The weekly sales data of a company measured over a year is not cross-sectional data; it is time series data because it involves observations over time rather than a single point in time.the correct option is:False
Step-by-step explanation:
The sales data for a company measured weekly for the past year is false in being considered cross-sectional data. Cross-sectional data is collected from a sample of subjects just once at a certain point in time, and is used in cross-sectional studies to compare different segments of the population simultaneously.
In contrast, the company's weekly sales data represent a series of observations over time and would be more accurately described as time series data. Time series data involves tracking variables over intervals of time, allowing for the observation of trends, patterns, and forecasting.the correct option is:False