From the course: Advanced and Specialized Statistics with Stata

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Panel data descriptives

Panel data descriptives - Stata Tutorial

From the course: Advanced and Specialized Statistics with Stata

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Panel data descriptives

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- [Instructor] Let's take a look at generating a first set of statistics from panel data. Descriptive statistics are an important component of any data analysis, but especially so for panel data. This is because panel data is often more complex. And key to working with panel data is to understand the difference between individual observations with respect to time. In other words, differences in panel data can occur because of differences between people, but differences can also occur within people. These differences are called between and within variation. Between variation is when we want to explore how an individual's data varies compared to other individuals in the data. Within variation, is when we want to explore how an individual's data varies over time within the same individual. Both are important concepts to understand, and will pop up throughout this chapter. To highlight this further, here's an example of how…

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