As a MATLAB user I can without doubt say that this would be much more intuitive in MATLAB, which is an often stated advantage of MATLAB. However, if you're used to something, I guess that's what works best for you. But I'm only going to let MATLAB go if I really can't find what I'm looking for (not that likely) or if R or another package provides a package I need and MATLAB does not have that package... (not very likely either... but you never now). Not all econometrics is in MATLAB so we'll see
Hi, another great video. Your code can be simplified. You can use "=" istead of "<-" but sometimes it is more convenient to use "<-". Tor time series plot there is a useful "ts.plot" funtion.
@smicha7 oh, ts.plot() works! even though it's not a timeseries. This is fantastic, i'm actually learning from youtube. I wanted to use "=" but <-. You can also use =, but I read "[equal sign] is discouraged, as it does not work in some special situations. Norman Matloff, The Art of R Programming
@bionicturtledotcom@bionicturtledotcom Yes, your example is scatter plot - sorry for this. Also if you are looking for any help type help.search("your word"). And maybe this might help, just google Farnsworth-EconometricsInR and choose first link.
Just as I also started to become fascinated by R and I've been thinking how to us R to design a valuable product. R has very strong plotting functions, it's fairly easy to use... but I'm struggling to think of a situation where R is more useful than say spreadsheet, unless you need to do advanced stat tests and produce graph maybe. It's certainly more useful in academia.
@cwaddle I am learning it because it has become the leading statistics software (i guess youtube doesn't let us link out, but TOIBE survey ranks it 19th, above SAS and matlab, among all languages). I don't think you need any prior knowledge as far as i can tell. Of course, programming backgrounds helps as usual (e.g. ,OOP)
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
But still: very helpfull video so thanks for that!
Riverdale270 1 month ago
@Riverdale270 thanks!
bionicturtledotcom 1 month ago
As a MATLAB user I can without doubt say that this would be much more intuitive in MATLAB, which is an often stated advantage of MATLAB. However, if you're used to something, I guess that's what works best for you. But I'm only going to let MATLAB go if I really can't find what I'm looking for (not that likely) or if R or another package provides a package I need and MATLAB does not have that package... (not very likely either... but you never now). Not all econometrics is in MATLAB so we'll see
Riverdale270 1 month ago
Hi, another great video. Your code can be simplified. You can use "=" istead of "<-" but sometimes it is more convenient to use "<-". Tor time series plot there is a useful "ts.plot" funtion.
bp = function(y) 100*exp(-y*10)
ts.plot(bp(seq(0,.1,.01)))
G
smicha7 1 month ago
@smicha7 Sorry, it is a scatter plot, not time series.
smicha7 1 month ago
@smicha7 oh, ts.plot() works! even though it's not a timeseries. This is fantastic, i'm actually learning from youtube. I wanted to use "=" but <-. You can also use =, but I read "[equal sign] is discouraged, as it does not work in some special situations. Norman Matloff, The Art of R Programming
bionicturtledotcom 1 month ago
@bionicturtledotcom @bionicturtledotcom Yes, your example is scatter plot - sorry for this. Also if you are looking for any help type help.search("your word"). And maybe this might help, just google Farnsworth-EconometricsInR and choose first link.
smicha7 1 month ago
@smicha7 oh, thank you for help.search(), i will be using that! yes, i realize it's technically a scatter but your ts.plot() works
bionicturtledotcom 1 month ago
R! Good idea, thank you! I have been wanting to get into R for some time.
AlejandroBjorg 1 month ago
Just as I also started to become fascinated by R and I've been thinking how to us R to design a valuable product. R has very strong plotting functions, it's fairly easy to use... but I'm struggling to think of a situation where R is more useful than say spreadsheet, unless you need to do advanced stat tests and produce graph maybe. It's certainly more useful in academia.
cwaddle 1 month ago
@cwaddle Have you thought about how youre going to be using R? What do you need to learn R?
cwaddle 1 month ago
@cwaddle I am learning it because it has become the leading statistics software (i guess youtube doesn't let us link out, but TOIBE survey ranks it 19th, above SAS and matlab, among all languages). I don't think you need any prior knowledge as far as i can tell. Of course, programming backgrounds helps as usual (e.g. ,OOP)
bionicturtledotcom 1 month ago
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
bionicturtledotcom 1 month ago
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
bionicturtledotcom 1 month ago
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
bionicturtledotcom 1 month ago
@cwaddle I just opened it so i can't say yet, i have similar questions. I sort of can already see why R is popular in Big Data. IMO Excel is not really great for large data sets. I don't know about R graphing yet (mathematica is really strong there), but i think Excel is lame for graphing anything except the basics.
bionicturtledotcom 1 month ago
this makes two of us!
geiko187 1 month ago
Have you tried Matlab?
ad2181 1 month ago
@ad2181 No, i've been a longtime user of mathematica (and have trained using mathematica). Is Matlab is the same category?
bionicturtledotcom 1 month ago