Panel analysisPanel (data) analysis is a statistical method, widely used in social science, epidemiology, and econometrics to analyze two-dimensional (typically cross sectional and longitudinal) panel data. The data are usually collected over time and over the same individuals and then a regression is run over these two dimensions. Multidimensional analysis is an econometric method in which data are collected over more than two dimensions (typically, time, individuals, and some third dimension).
IncomeIncome is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law. An extremely important definition of income is Haig–Simons income, which defines income as Consumption + Change in net worth and is widely used in economics.
Statistical hypothesis testingA statistical hypothesis test is a method of statistical inference used to decide whether the data at hand sufficiently support a particular hypothesis. Hypothesis testing allows us to make probabilistic statements about population parameters. While hypothesis testing was popularized early in the 20th century, early forms were used in the 1700s. The first use is credited to John Arbuthnot (1710), followed by Pierre-Simon Laplace (1770s), in analyzing the human sex ratio at birth; see .
Generalized least squaresIn statistics, generalized least squares (GLS) is a method used to estimate the unknown parameters in a linear regression model when there is a certain degree of correlation between the residuals in the regression model. Least squares and weighted least squares may need to be more statistically efficient and prevent misleading inferences. GLS was first described by Alexander Aitken in 1935. In standard linear regression models one observes data on n statistical units.
Non-linear least squaresNon-linear least squares is the form of least squares analysis used to fit a set of m observations with a model that is non-linear in n unknown parameters (m ≥ n). It is used in some forms of nonlinear regression. The basis of the method is to approximate the model by a linear one and to refine the parameters by successive iterations. There are many similarities to linear least squares, but also some significant differences.
Data analysisData analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively.
Canton of JuraThe Republic and Canton of Jura (République et canton du Jura), less formally the Canton of Jura or Canton Jura (ˈ(d)ʒʊərə , ʒyʁa),Arpitan is the newest (founded in 1979) of the 26 Swiss cantons, located in the northwestern part of Switzerland. The capital is Delémont. It shares borders with the canton of Basel-Landschaft, the canton of Bern, the canton of Neuchatel, the canton of Solothurn, and the French régions of Bourgogne-Franche-Comté and Grand Est.
Panel dataIn 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.
RomandyRomandy (Romandie or Suisse romande) is the French-speaking part of Switzerland. In 2020, about 2 million people, or 22.8% of the Swiss population, lived in Romandy. The majority of the romand population lives in the western part of the country, especially the Arc Lémanique region along Lake Geneva, connecting Geneva, Vaud and the Lower Valais. French is the sole official language in four Swiss cantons: Geneva, Vaud, Neuchâtel, and Jura. Additionally, French and German have co-official status in three cantons: Fribourg/Freiburg, Valais/Wallis, and Berne/Bern.
Canton of FribourgThe canton of Fribourg, also canton of Freiburg (Canton de Fribourg kɑ̃tɔ̃ d(ə) fʁibuʁ; Kanton Freiburg ˈfraɪbʊrɡ; Canton de Fribôrg cɛ̃ˈtɔ̃ də fʁiˈbwa Chantun Friburg Canton Friburgo) is located in western Switzerland. The canton is bilingual, with French spoken by more than two thirds of the citizens and German by a little more than a quarter. Both are official languages in the canton. The canton takes its name from its capital city of Fribourg. On the shores of Lake Neuchâtel and Lake Morat significant traces of prehistoric settlements have been unearthed.
