what is difference between data fixed data variable and time fixed the time variable
Answers
Answer:
Dear all,
I have a quick question maybe someone can help me out.
I am looking at one particular port and its performance (my dependent variable) and multiple independent variables (continuous and dummy) for an 8 year period.
From above I understand this is time series data.
Is it possible to use a multiple linear regression for this type of data?
Thank you all.
MARK ME AS BRAINLIEST
Data Fixed:
Fixed data (sometimes referred to as permanent data, reference data, archival data, or fixed-content data) is data that is not, under normal circumstances, subject to change. Examples of fixed data include results from concluded research, medical records, and historical data.
Data variable:
A variable is any characteristics, number, or quantity that can be measured or counted. A variable may also be called a data item. ... It is called a variable because the value may vary between data units in a population, and may change in value over time.
Time Fixed:
Something such as an amount, date, or time that is fixed has been agreed on and will not change. a fixed price. The contract is for a fixed period of three years. The interest rate on the loan is fixed.
Time Variable:
Between any two points in time there are an infinite number of other points in time. The variable "time" ranges over the entire real number line, or depending on the context, over some subset of it such as the non-negative reals. Thus time is viewed as a continuous variable.