topic Re: Panel Data Analysis in Discussions

Panel Data Analysis

statslearner — Mon, 10 Mar 2025 16:15:49 GMT

Hi JMP Team,

I am teaching Data analysis using JMP.

Can we do a Panel Data analysis using JMP? Fixed Effects, Random Effects and Hausman Test? Also are there any JMP Add ins available for Econometric modeling? (ARCH, GARCH, etc)

Thanks

Re: Panel Data Analysis

Ben_BarrIngh — Fri, 30 May 2025 08:20:31 GMT

Hi @statslearner ,

JMP does not currently support the Hausman test, if you want to look at the effect of fixed and random effects you can compare different modelling approaches in the Fit Model platform. Since you are looking at econometric modelling it may be worth looking at our Time Series platform, and the new Prophet forecasting add-in in our marketplace.

Hope that helps,

Ben