Answered: Find Under Armour’s annual revenue from…

Find Under Armour’s annual revenue from the past 10 years. Are the data considered structured or unstructured? Explain. Are they cross-sectional or time series data?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.5: Comparing Sets Of Data

Problem 1CYU

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Question

6. Find Under Armour’s annual revenue from the past 10 years. Are the data considered structured or unstructured? Explain. Are they cross-sectional or time series data?

Expert Solution

Step 1

The annual revenue data of Under Armour for the past 10 years is considered structured data as it is organized and stored in a defined format, such as tables or spreadsheets.

The data is time-series data as it records the revenue of the company at multiple points in time over a specific period (in this case, 10 years). Time-series data is used to observe trends and patterns over time.