Data Analysis Background
This is based on Békés-Kézdi: Data Analysis for Business, Econoomics, and Policy (2021, Cambridge University Press), Chapter 02 Preparing data for analysis
Slideshow is available here: Chapter 02 slides
Variables
Variable types
- continuous or discrete or qualitative
- binary
- flow and stock
Encoding
- binary
- numeric
- string (text)
- categorical / factor (maybe ordinal)
Meaning of variable values
- what are they measuring
- unit of measurement
- source
Other Information
- descriptive statistics
- coverage / share of missing values