Week 1

R software setup

• Download and Install R for windows and Mac

Basic Descriptive Statistics with R

1. Using Packages in R

Descriptive Statistics

1. Numerical descriptions: 5 number summary, standard deviation

2. Graphical Descriptions: histograms, time plots

Inferential Statistics

1. Straight Line regression

2. Regression models and diagnostics

3. T-tests

4. Correlation

Stationarity

1. Strong

2. Weak

Autocovariance and autocorrelation

Random Walks

Moving Average Processes  Introduction to Simulation