Confused about what is a 5 number summary in panel data? Think of it as a snapshot for each group/time combo.
Example: If you have yearly income data for 10 countries, the summary shows how each country’s income distrib changes over time.
Python’s `pandas` + `seaborn` can automate this with groupby and boxplots. Super handy!
Example: If you have yearly income data for 10 countries, the summary shows how each country’s income distrib changes over time.
Python’s `pandas` + `seaborn` can automate this with groupby and boxplots. Super handy!