xauto dataWe used the Mata-based SSC package rcentile to estimate
percentiles 0 to 100 by 25, with confidence intervals clustered by the
variable firm, meaning that we are sampling firms from a
population of firms, instead of models from a population of models. A
100\(\alpha\)th percentile of a
variable \(Y\) is defined informally as
a solution in \(\theta\) of the
equation \[
C_Y(\theta)=\alpha,
\] where \(C_Y(\cdot)\) is the
centre ridit function of \(Y\).
The percentiles are plotted in Figure 1 and tabulated in Table 1.
xauto
data (23 firms, 74 models)xauto
data (23 firms, 74 models)| Percent | Percentile | (95% | CI) |
|---|---|---|---|
| 0 | 0.880 | (0.880, | 0.880) |
| 25 | 1.120 | (1.035, | 1.365) |
| 50 | 1.595 | (1.325, | 1.685) |
| 75 | 1.800 | (1.655, | 1.940) |
| 100 | 2.420 | (2.420, | 2.420) |