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EDA stands for "Exploratory data analysis". Developed by Tukey to contrast with Confirmatory Data Analysis or CDA (the formal testing of hypotheses). EDA is typically concerned with describing data numerically and graphically to make the data easier to understand and to yield new insights.

5 votes
1 answer
11k views

Panel data descriptives, plots and 'feel for the data'

I have a dataset for around 40k firms over fiscal years 1950-2011 with about 430k firm-years. If I'm not mistaken I have panel data. I created a unique identifier ticn for each firm. Years are indic …
6 votes
2 answers
3k views

Panel-data exploratory data analysis

I have a dataset for around 40k firms over fiscal years 1950-2011 with about 430k firm-years. If I'm not mistaken I have panel-data. In addition, the firms are nested within 9 industries. I created a …