Hi,
What is the best method to normalize a variable over certain percentage of population. I am talking about panel data here.
Let's say that there were 2000 incidents happened in a country A and in year 2005. The total population was 2,000,000. I want to normalize this incident rate over 100,000 population that year.
Hope that is clear.
Looking forward to your answers.
What is the best method to normalize a variable over certain percentage of population. I am talking about panel data here.
Let's say that there were 2000 incidents happened in a country A and in year 2005. The total population was 2,000,000. I want to normalize this incident rate over 100,000 population that year.
Hope that is clear.
Looking forward to your answers.
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