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R: Recipes for Analysis, Visualization and Machine Learning
book

R: Recipes for Analysis, Visualization and Machine Learning

by Viswa Viswanathan, Shanthi Viswanathan, Atmajitsinh Gohil, Chiu Yu-Wei
November 2016
Beginner to intermediate
959 pages
43h 46m
English
Packt Publishing
Content preview from R: Recipes for Analysis, Visualization and Machine Learning

Decomposing time series

The stats package provides many functions to process time series. This recipe covers the use of the decompose and stl functions to extract the seasonal, trend, and random components of time series.

Getting ready

If you have not already downloaded the data files for this chapter, do it now and ensure that the files are in your R working directory.

How to do it...

The following steps decompose time series:

  1. Read the data. The file has the Bureau of Labor Statistics monthly price data for unleaded gas and white flour for 1980 through 2014:
    > prices <- read.csv("prices.csv")
  2. Create and plot the time series of gas prices:
    > prices.ts = ts(prices, start = c(1980,1), frequency = 12)
    > plot(prices.ts[,2])
  3. The plot shows seasonality in gas ...
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Publisher Resources

ISBN: 9781787289598Purchase Link