%2 winsorizing

[Abdullah Baba]

How can I winsor at 2%?

This is my current code:

winsor ebit_asset, gen(Webit_asset) p(0.01)

Thank you!

[Nick Cox]

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.

[Abdullah Baba]

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)

[Abdullah Baba]

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

[Nick Cox]

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

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

help ssc

for more on SSC.

[Abdullah Baba]

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

[Nick Cox]

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.