_____ are collected from several entities at the same point in timeGroup of answer choicesCategorical DataRandom DataCross-sectionalTime Series Data

The correct answer to the question "_____ are collected from several entities at the same point in time" is Cross-sectional Data.

Explanation

Cross-sectional data refers to data collected at a single point in time, across multiple entities or subjects. This type of data analysis is useful for comparing different variables across the same time frame, providing a snapshot of the situation. In contrast, time series data involves observations recorded over various time periods, which tracks changes over time.

• Categorical Data: This refers to data that can be categorized or divided into groups based on qualitative attributes, not necessarily tied to time.
• Random Data: This is not a specific term commonly used in statistical analysis to describe data collection points.
• Time Series Data: This type of data involves observations collected at multiple time points rather than a single instance.

In conclusion, the nature of cross-sectional data focuses on simultaneous observations across entities, making it the most fitting choice.