What is the difference between panel data, time-series data, and cross-sectional data
#PanelData #TimeSeriesData #CrossSectionalData #bharanikumar
What is the difference between panel data, time-series data, and cross-sectional data
In this video we are going to discuss one of the most widely used data types in Machine Learning concept. In CRISP-ML(Q) Understanding the data type is one of the crucial steps. So, we try to understand characteristics of Cross sectional data and Time series data. In addition to that we will understand the Panel data also . Here we will get to know the difference between time series, panel and Cross sectional data with an example. So at end of the session we will be able to differentiate the data types based on their characteristics.