Is It Important To Use Up-to-date Data?

1.	Is It Important To Use Up-to-date Data?
Answer» Yes. This common wisdom is supported by research. It is ALSO important to use data that SPANS a LONG time period or a wide range of SIMILAR SITUATIONS. Doing so will reduce the risk that you will mistake short-term variations for fundamental trends or local anomalies for general findings. Yes. This common wisdom is supported by research. It is also important to use data that spans a long time period or a wide range of similar situations. Doing so will reduce the risk that you will mistake short-term variations for fundamental trends or local anomalies for general findings.

Answer»

Yes. This common wisdom is supported by research. It is ALSO important to use data that SPANS a LONG time period or a wide range of SIMILAR SITUATIONS. Doing so will reduce the risk that you will mistake short-term variations for fundamental trends or local anomalies for general findings.

Yes. This common wisdom is supported by research. It is also important to use data that spans a long time period or a wide range of similar situations. Doing so will reduce the risk that you will mistake short-term variations for fundamental trends or local anomalies for general findings.

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