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Panel Data
In statistics and econometrics, panel data and longitudinal data are both multi-dimensional data involving measurements over time. Panel data is a subset of longitudinal data where observations are for the same subjects each time. Time series and cross-sectional data can be thought of as special cases of panel data that are in one dimension only (one panel member or individual for the former, one time point for the latter). A literature search often involves time series, cross-sectional, or panel data. A study that uses panel data is called a longitudinal study or panel study. Example In the multiple response permutation procedure (MRPP) example above, two datasets with a panel structure are shown and the objective is to test whether there's a significant difference between people in the sample data. Individual characteristics (income, age, sex) are collected for different persons and different years. In the first dataset, two persons (1, 2) are observed every year for three ...
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Statistics
Statistics (from German language, German: ', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of statistical survey, surveys and experimental design, experiments. When census data (comprising every member of the target population) cannot be collected, statisticians collect data by developing specific experiment designs and survey sample (statistics), samples. Representative sampling assures that inferences and conclusions can reasonably extend from the sample ...
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Socio-Economic Panel
The ''German'' Socio-Economic Panel (SOEP [], for ''Sozio-oekonomisches Panel'') is a Longitudinal study, longitudinal panel dataset of the population in Germany. It is a household based study which started in 1984 and which reinterviews adult household members annually. Additional samples have been taken from time to time. In 2015, there will be about 14,000 households, and more than 30,000 adult persons sampled. Some of the many topics surveyed include household composition, occupation, employment, earnings, health and life satisfaction. The annual surveys are conducted by the German Institute for Economic Research (DIW Berlin) and the Kantar Group. The survey is funded by the German Federal Government and the State of Berlin via the «Bund-Länder-Kommission» (State/Federal State Commission) for Educational Planning and Research Promotion.
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Multivariate Time Series
In mathematics, a time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. Thus it is a sequence of discrete-time data. Examples of time series are heights of ocean tides, counts of sunspots, and the daily closing value of the Dow Jones Industrial Average. A time series is very frequently plotted via a run chart (which is a temporal line chart). Time series are used in statistics, signal processing, pattern recognition, econometrics, mathematical finance, weather forecasting, earthquake prediction, electroencephalography, control engineering, astronomy, communications engineering, and largely in any domain of applied science and engineering which involves temporal measurements. Time series ''analysis'' comprises methods for analyzing time series data in order to extract meaningful statistics and other characteristics of the data. Time series ''forecasting' ...
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