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3 - Pivot Tables

from PART 1 - DESCRIPTION

Published online by Cambridge University Press:  05 June 2012

Humberto Barreto
Affiliation:
Wabash College, Indiana
Frank Howland
Affiliation:
Wabash College, Indiana
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Summary

Not everything that can be counted counts; and not everything that counts can be counted.

Albert Einstein

Introduction

This chapter focuses on summarizing and describing patterns in data via tables. Tables efficiently convey basic summary information such as counts and averages. Tables can also be a powerful device with which to explore complicated relationships in data. Thus, the work on tables in this chapter will enable you to understand the concepts of the conditional average and regression analysis better. Tables make clear that a particular value can be viewed as the result of a conjunction of conditions or categories. That is a crucial aspect of regression analysis.

A powerful way to tabulate data is Excel's Pivot Table feature. A Pivot Table enables the user to try a variety of different views of the data. Pivot Tables, combined with Excel's formatting and charting, facilitate effective and clear data description.

The Basic Pivot Table

Workbooks: Indiana FT Workers.xls; Histogram.xla(Excel add-in)

Open the Excel file called Indiana FT Workers.xls (available in the folder Basic Tools\InternetData\CPS) to begin learning about Pivot Tables and tabulation. The file contains information on 598 people from the March 1999 Current Population Survey (CPS). The Doc sheet describes how the data were obtained, and the file CPS.doc in the same folder contains detailed instructions on downloading data from the CPS.

We do not approach the data in a vacuum. Prior questions guide our exploration of the data. For example, we might want to find out if more education is associated with higher income and, if so, how much more.

Type
Chapter
Information
Introductory Econometrics
Using Monte Carlo Simulation with Microsoft Excel
, pp. 53 - 71
Publisher: Cambridge University Press
Print publication year: 2005

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  • Pivot Tables
  • Humberto Barreto, Wabash College, Indiana, Frank Howland, Wabash College, Indiana
  • Book: Introductory Econometrics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511809231.005
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To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Pivot Tables
  • Humberto Barreto, Wabash College, Indiana, Frank Howland, Wabash College, Indiana
  • Book: Introductory Econometrics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511809231.005
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Pivot Tables
  • Humberto Barreto, Wabash College, Indiana, Frank Howland, Wabash College, Indiana
  • Book: Introductory Econometrics
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511809231.005
Available formats
×