Hello,

So I want to apply this univariate test, subdividing my sample into high and low groups by the mean values of independent variables to report the differences in the dependent variable.

My question's How to subdivide a sample using such condition and what is the command in STATA to do so and apply the test.

My literature reference is Thanatawee, Y. (2019). ‘Foreign Institutional Ownership and Liquidity: Evidence from Thailand’. ABAC Journal, Vol.39, No.4, Forthcoming. pp. 1-21.

Thank you!