Search results
Results from the WOW.Com Content Network
Cross-sectional data can be used in cross-sectional regression, which is regression analysis of cross-sectional data. For example, the consumption expenditures of various individuals in a fixed month could be regressed on their incomes, accumulated wealth levels, and their various demographic features to find out how differences in those ...
Cross-sectional studies can contain individual-level data (one record per individual, for example, in national health surveys). However, in modern epidemiology it may be impossible to survey the entire population of interest, so cross-sectional studies often involve secondary analysis of data collected for another purpose.
For example, in economics a regression to explain and predict money demand (how much people choose to hold in the form of the most liquid assets) could be conducted with either cross-sectional or time series data. A cross-sectional regression would have as each data point an observation on a particular individual's money holdings, income, and ...
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 ...
In statistics, ordinary least squares (OLS) is a type of linear least squares method for choosing the unknown parameters in a linear regression model (with fixed level-one [clarification needed] effects of a linear function of a set of explanatory variables) by the principle of least squares: minimizing the sum of the squares of the differences between the observed dependent variable (values ...
Economic data are data describing an actual economy, past or present.These are typically found in time-series form, that is, covering more than one time period (say the monthly unemployment rate for the last five years) or in cross-sectional data in one time period (say for consumption and income levels for sample households).
For example, experiments in which each condition takes only a few minutes, whereas the training to complete the tasks take as much, if not more time. Longitudinal analysis—Repeated measure designs allow researchers to monitor how participants change over time, both long- and short-term situations.
A cohort study is a particular form of longitudinal study that samples a cohort (a group of people who share a defining characteristic, typically those who experienced a common event in a selected period, such as birth or graduation), performing a cross-section at intervals through time.