The STAT command computes descriptive statistics on variables. A data set is available with inflation rates for five industrial countries .
Higher volatility is associated with higher variance.
The STAT command computes the mean, variance, standard deviation, minimum and maximum for each variable in the variable list. The results show that the inflation rate of the United Kingdom is the most variable with a standard deviation of 6.3. The least variable rate is Germany's inflation rate with a standard deviation of 1.7. An equivalent way of preparing the above command file is to assign variable names C1, C2, C3, C4 and C5 for the inflation rates in the 5 countries. This notation saves typing effort.