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Use Case Panel Data Analysis

Problem

The behaviour of individuals or respondents can change over time and express itself, for example, in the form of trends. Various variables, such as income or gender, can play a role. How does the attitude of individuals in a population change over time?

Solution

Individuals who cannot be identified as such over time on the basis of unambiguous information in the data set are identified anonymously using data-analytical methods. Various methods are used to model the behaviour of individuals over time. Based on this, a long-term data-based forecast is determined.

Benefits

  • Determining the influence of a variable on a response variable
  • Identifying future trends
  • Understanding behavioral changes

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