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  • %2 winsorizing

    How can I winsor at 2%?

    This is my current code:
    winsor ebit_asset, gen(Webit_asset) p(0.01)
    Thank you!

  • #2
    winsor is from SSC, as you are asked to explain (FAQ Advice #12).

    That command Winsorizes 1% in each tail. Perhaps you should multiply by 2.

    Comment


    • #3
      Ok, thanks a lot Nick. I guess it would do the same if i use the following?
      winsor ebit_asset, gen(Webit_asset) p(0.02)

      Comment


      • #4
        I did not understand what you mean with SSC and FAQ Advice #12 unfortunately. Sorry

        Comment


        • #5
          You shouldn't be (thinking of) using winsor without it being downloaded from SSC using a command

          Code:
          ssc inst winsor
          It's possible (e.g.) that someone did that for you on say a university or institutional network.

          As for the FAQ: the home page of Statalist says

          Please do read the Statalist FAQ for crucial advice before you try to post a message to Statalist. Knowledge of the FAQ will greatly improve the chance your question will be answered as you wish.
          and again

          For lots more information, see the Statalist FAQ.
          and each time you post a new question you get prompts

          If you want to include a simple data example in your post, please consider using dataex (type ssc install dataex in Stata's Command window to install).

          First read Advice on Posting.
          so it seems that you have just sailed past those prompts each time you post on Statalist. So, for more explanation please do read them, together with

          Code:
          help ssc
          for more on SSC.





          Comment


          • #6
            Of course I installed it before I posted otherwise I would not ask.

            Comment


            • #7
              When someone writes "I did not understand what you mean with SSC ..." it does seem that they are asking for explanation. I think you need to give more detail in your questions if you want better or more focused replies.

              On #3: indeed, 0.02 is twice 0.01.

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