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Adjusting Monthly Data in Histogram Analysis

The document discusses the need to adjust the variable type of 'Month' from a daily to a monthly time variable. It also mentions the use of the Summarize command to calculate statistical metrics such as average, standard deviation, minimum, and maximum values. Additionally, it indicates that 'AverageHousePrice' should be renamed to 'hp'.

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winvo2003
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22 views3 pages

Adjusting Monthly Data in Histogram Analysis

The document discusses the need to adjust the variable type of 'Month' from a daily to a monthly time variable. It also mentions the use of the Summarize command to calculate statistical metrics such as average, standard deviation, minimum, and maximum values. Additionally, it indicates that 'AverageHousePrice' should be renamed to 'hp'.

Uploaded by

winvo2003
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

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Graphic LINE (HP)


Histogram Density (dhp)

We see that the variable Month is stored as a daily variable with the unit being day. But in
reality, the observation unit is month, so we need to adjust the variable type to a month time
variable.

Summarize command: Calculates the average, standard deviation, min and max values.

Rename AverageHousePrice to new name hp

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