Structural equation modelling

Global movement of Happiness ladder with Machine learning in R

Introduction This blog is about world happiness ladder using the world happiness report data sets (Helliwell et. al., 2024). The basic objective is to demonstrate the use of panel data which is quite distinct from cross-sectional or time series data. Global happiness ladder Cross-sectional happiness ladder for 2023 Fixed time, it is cross-sectional Times series vs. panel data visualisation Each line is a timeseries but together, it is panel data