![]() ![]() The economic unit of analysis is for the time period 2012. Gross Domestic Product (GDP) of North American countries in 2012 – The economic unit of analysis is a country from North America.However, the slight difference in reporting period ending dateas could necessitate making a few adjustments.ĬFI’s Advanced Financial Modeling & Valuation Course includes an extensive case study on Amazon.Įxamples of cross-sectional datasets include: An analyst could use them to look at their 2018 financial position. To do so, they would compare the two companies’ balance sheets.īelow are Amazon’s and Apple’s End of Year Consolidated Balance Sheets. The datasets record observations of multiple variables at a particular point in time.įinancial analysts may, for example, want to compare the financial position of two companies at a specific point in time. Surveys and government records are some common sources of cross-sectional data. Updated DecemWhat is Cross-Sectional Data Analysis?Ĭross-sectional data analysis is when you analyze a data set at a fixed point in time.
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