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An equity analyst gathers total returns for three country equity indexes over the past four years. The data are presented below. Time Period Index A

An equity analyst gathers total returns for three country equity indexes over the past four years. The data are presented below.

Time Period Index A Index B Index C
Year t3 15.56% 11.84% 4.34%
Year t2 4.12% 6.96% 9.32%
Year t1 11.19% 10.29% 12.72%
Year t 8.98% 6.32% 21.44%

Nominal data

time-series data

cross-sectional data

panel data

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