Computes Basic Descriptive Statistics.
This function computes descriptive statistics which are most useful for Dynamic Model Averaging.
It is a wrapper of describe
.
If the argument is not a matrix
, the function tries to convert the object into a matrix
. For example, it works smoothly for xts
objects.
See describe
.
descstat(data)
data
: matrix
, observations are put in rows, and variables are grouped by columnsmatrix
descstat(crudeoil)