I am new to data analysis and Stata, so I apologise if I have not explained this very well.
I have two independent variables I need some advice on: one is a ratio variable on age and the other is an ordinal variable on income. My dependent variable is a feeling thermometer on attitudes towards the economy/environment: 0 "Prioritise the economy" - 10 "Prioritise the environment.
I have recoded age into a categorical variable, as I felt it would be better to have age groups - rather than 0-100 - in my multiple regression. My logic was that by doing so, even though I would lose some information, I could better see a difference between age groups and their relationship to my dependent variable. Is this a good idea?
However, I have also recoded income into a discrete variable (I think). Previously, it was in categories such as "Under GBP 2,600" and "GBP 2,600 - GBP 5,199" etc. I recoded it by using the median of each category: "1300" and "3900". I felt this was a good idea as the income intervals were not equal. I'm hoping this will help when I do other tests, such as difference of means or non parametric tests. I'm worried that I have needlessly done this though. I thought that if I turned income into a discrete variable, it would make it easier for me to look at control variables, but I feel I have contradicted this thought process by grouping age.
Any advice would be much appreciated!
Related Posts with Need advice on recoding categorical variables into continuous variables and vice versa
About pre-treatment balance and difference-in-differences methodHello, I am a PhD student and I am planning to apply natural experiment methods (I have a proper sh…
Using local variable in forvalues loopHi everyone, I am trying to run the following code: count if productcode == 21 scalar nobs = r(N) …
what is the correct specification of lagged variables using xtpmg ?Hi everyone, I'm using xtpmg to run an ardl model on panel data using the pooled mean group estimato…
Panel dataHi everyone ,I have panel data from BHPS and i want to use descriptive statistics (one table and one…
Help with saving the coefficients and confidence intervals of only one variable in multiple regressionsDear all, I am running -qreg- for 9 deciles separately, and I want to create 3 variables containing…
Subscribe to:
Post Comments (Atom)
0 Response to Need advice on recoding categorical variables into continuous variables and vice versa
Post a Comment