The updated version of asdoc can now create a table of correlation with significance levels starred at different levels. The new version can be installed by typing the following line in Stata.

 

Installation of the new version

net install asdoc, from(http://fintechprofessor.com) replace

 

An Example

sysuse auto, clear
asdoc pwcorr price mpg rep78 headroom trunk weight length turn , star(all) replace nonum

 


Explanation

Just like with any other Stata command, we would write asdoc as a prefix to the Stata command. In this case, the Stata command is pwcorr which is followed by the variable names. After the comma, we added option nonum, star(all) and replace. These are explained bellow:

star(all) = This option is used to report stars to signfy significance at different levels. These are: ***

  1. *** to show significance at 1% or bellow
  2. ** to show significance at 5% or bellow
  3. * to show significance at 10% or bellow

nonum = Without using this option, asdoc will report numeric numbers as column headers

replace = This option replaces any existing file

You would be interested in this blog entry where I show several useful options of asdoc that can be used with correlation tables.