In many time-series applications, the dependent variable in a ...

[xroflmao]

In many time-series applications, the dependent variable in a time period is often related to the value taken by this variable in the previous time period.
 
  Indicate whether the statement is true or false

Question 2

Describe two methods of nonprobabilistic sampling methods. Give an example for each. What are the advantages and disadvantages of each?
 
  What will be an ideal response?

[chevyboi1976]

Answer to Question 1

TRUE

Answer to Question 2

Surveying friends or coworkers and quota sampling are two methods of nonprobabilistic sampling. The primary advantage of these methods is that they are inexpensive and quick. The drawback is that, since the sample is not chosen using probabilistic methods, there is no valid way of determining the reliability of the resulting estimates.

[xroflmao]

YES! Correct, THANKS for helping me on my review

[raenoj]

Thanks for the timely response, appreciate it