There is a central notion in Time Series Econometrics, cointegration. Loosely it refers to finding the long run equilibrium of two non-stationary series. As the most know non-stationary series examples comes from finance, cointegration is nowadays a tool for traders (not a common one though!). They use it as the theory behind pairs trading (aka
I created an example to show how the theory from part 1 might be applied using S&P500 as a proxy for performance. Just in case anyone viewing is not familiar with terminal wealth, it is the final (usually compounded) ending value (hence, terminal) of ...
Did you really think that a team of researchers spent their weekends counting the number of shirtless adolescent men and exposed penises they could find on charoulette.com? Perhaps you should not answer that, as it may be a better measure of your opinion of sociologist than gullibility. It is true, sociologist do say the
Smoothing is a statistical technique that helps you to spot trends in noisy data, and especially to compare trends between two or more fluctuating time series. It's a useful visualization tool that I'm pleased to see cropping up more and more in statistical graphics on the Web -- it's now a staple in econometric charts and is heavily used...
A dot plot is a type of display that compares counts, frequencies, totals or other summary measures for a series of categories. The dot plot can be arranged with the categories either on the vertical or horizontal axis of the display to allow comparising between the different categories as well as comparison within categories where
“How to change the order of legend labels” is a question that gets asked relatively often on ggplot2 mailing list. A variation of this question is how to change the order of series in stacked bar/lineplots. While these two questions seem to be related, in fact they are separate as the legend is controlled by 
All the tools I am using at the moment are free of charge. The one that comes to mind first is R. It’s a language for statistical computing which comes with a decent GUI. R comes with some time series support out of the box, but there are plenty of packages (R extensions are called 
1/1/2011 Update: Tal Galili wrote an article that revisits the first year of R-Bloggers and this post was listed as one of the top 14. Therefore, I decided to make a small update to each section. I start by describing the initial series of tutorials th...
1/1/2011 Update: Tal Galili wrote an article that revisits the first year of R-Bloggers and this post was listed as one of the top 14. Therefore, I decided to make a small update to each section. I start by describing the initial series of tutorials th...
Today is the one year anniversary of the NYC R Statistical Meetup. Starting as a small group meeting in a crowded conference room, Josh Reich established the meetup as the premiere gathering of data geeks in the tri-state area. Over the past year we have had 10 meetups, and two more upcoming on the
Zero Inflated Models and Generalized Linear Mixed Models with R.
Zuur, Saveliev, Ieno (2012).
