descstat function

Computes Basic Descriptive Statistics.

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.

Details

See describe.

descstat(data)

Arguments

  • data: matrix, observations are put in rows, and variables are grouped by columns

Returns

matrix

Examples

descstat(crudeoil)