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+--- Thread: Can someone explain what is a 5 number summary in panel data? or What is a 5 number summary in panel (/thread-can-someone-explain-what-is-a-5-number-summary-in-panel-data-or-what-is-a-5-number-summary-in-panel)
“” - proxyLeap99 - 01-04-2025
Honestly, the 5 number summary is overhyped for panel data.
It’s useful, but you’ll need more—like variance decompositions or fixed effects—to really understand what’s going on.
Still, for a quick check, it’s fine.