👉 Stratification, in statistics and econometrics, is a method of dividing data into subsets or groups based on certain characteristics such as variables. This process helps in identifying patterns and trends within the data, making it easier to analyze and interpret the results.
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What is the definition of Stratify? 🙋
👉 Stratification is a process in data analysis where you divide your dataset into smaller, more manageable groups or subsets based on certain criteria. This strategy allows you to focus on specific aspects of the data and provide insights that are more relevant to your research questions. For example, if you have a large dataset of customer reviews for various products, you might use stratification to group customers by their age, gender, location, or other factors. By dividing the dataset into smaller, more manageable groups, you
