Friday, November 13, 2009

session 1

first session is here

R

R is a popular programming language used by data analysts inside corporations and academia. It is becoming their day-to-day part of financial modeling, data-mining and statistical analysis. Companies like Google (for ad pricing trends), Bank of America (for research) and many more are using R. A lot of the hedge funds have trading algorithms that are written using R-environment which are taking the place of the human trading decisions. One of the reasons I guess people are using R because it doesn’t require in-depth programming skills and it’s very easy to use.