In my last post, I discussed boxplots in their simplest forms, illustrating some of the useful options available with the boxplot command in the open-source statistical software package R. As I noted in that post, the basic boxplot is both useful...

Today we're pleased to announce the availability of the latest update to the Revolution R family, Revolution R Enterprise 4.2. This release includes all of the capabilities of the most powerful statistical software available, open-source R (version 2.11.1), plus additional components for big data analysis, integration, user experience and more. Version 4.2 includes a number of new features, including:...

Whenever a post on this blog requires some data analysis and perhaps a chart or two, my tool of choice is the versatile statistical programming package R. Developed as an open-source implementation of an engine for the S programming language, R is therefore free. Since commercial mathematical packages can costs thousands of dollars, this alone

There are a number of good open source projects for statistics and data mining, for example the software WEKA developed at the University of Waikato. The description on their website states that: Weka is a collection of machine learning algorithms for data mining tasks. The algorithms can either be applied directly to a dataset or

In a recent post, I asked for suggestions for introductory R computing books. In particular, I was looking for books that: Assume no prior knowledge of programming. Assume very little knowledge of statistics. For example, no regression. Are cheap, since they are for undergraduate students. Some of my cons aren’t really downsides as such. Rather,

Just today the Mexican government released to the public the mortality database for 2009, and as you can see from the chart Mexico has suffered from a steep rise in homicides from 2008 onward and very likely reached the highest violence rate in recent history last year. Since the Mexican government also recently made...

This my first post in 2011. this post has cost me a bit more than usual, but I hope it meets expectations. The aim of this tutorial is to generate an algorithm based on black box trading, with all the necessary elements for evaluation. That is a first post of several, in order to explore the problems, features of...