Hello.
How can I create a variable that encompasses aspects of other variables?
In my case I have a number of variables that give an indication of how good a university is e.g minimum grade acceptance, % of individuals who have a certain grade, whether it is in the top 25 ranking, ratio of applications compared to spaces and so on. I want to make a single variable that encompasses these variables - quality of university.
I have heard I can use a command -pca- . But I am a bit lost, any tips of advice?
Thanks!
How can I create a variable that encompasses aspects of other variables?
In my case I have a number of variables that give an indication of how good a university is e.g minimum grade acceptance, % of individuals who have a certain grade, whether it is in the top 25 ranking, ratio of applications compared to spaces and so on. I want to make a single variable that encompasses these variables - quality of university.
I have heard I can use a command -pca- . But I am a bit lost, any tips of advice?
Thanks!
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