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Time series analysis can be used only on true panel data. See 9-1: Descriptive Research
Designs.
9.04 – Explain what is meant by a panel in marketing research, and explain the
difference between a continuous panel and a discontinuous panel.
9. Which of the following is TRUE?
A panel is a permanent or fixed sample of members from whom information is obtained continuously or at
intervals over a period of time.
Nielsen’s panels of households in which participants use a handheld scanner to record every UPC-coded item
they purchase is an example of an omnibus panel in which the same variables are measured over time.
An omnibus panel is a fixed sample of individuals who are measured continuously (or periodically) with
respect to the same information (e.g., purchase diary).
A true longitudinal analysis can be performed on data from an omnibus panel.
All of these statements are true.
A panel is a permanent or fixed sample of members from whom information is obtained
continuously or at intervals over a period of time. See 9-1: Descriptive Research Designs.
9.04 – Explain what is meant by a panel in marketing research, and explain the
difference between a continuous panel and a discontinuous panel.
10. Which of the following statements about panels is FALSE?
Panels typically allow the collection of more classification information than cross-sectional studies.
Panel data is more accurate than cross-sectional data because panel data tend to be freer from errors
associated with reporting past behavior.
Panels reduce interviewer-respondent bias because of a trust built up through repeated contacts between
the two individuals.
Nonrepresentativeness of panel members may be a major weakness of longitudinal designs.
All of these statements about panels are true; none of these are false.
All of these statements about panels are true. See 9-1: Descriptive Research Designs.