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statslearner
Level II

Panel Data Analysis

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

 

 

 

 

1 REPLY 1

Re: Panel Data Analysis

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

“All models are wrong, but some are useful”

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