Defining error terms in cross-sectional data

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Reference no: EM132128759

Question: Why are the error terms in cross-sectional data unlikely to be serially correlated? Can you give an example in which serial correlation could be present in a cross-sectional dataset? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132128759

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