Module # 10 assignment
In this blog post, I'll delve into the world of time series analysis using ggplot2, a powerful data visualization package in R. Time series data involves observations collected or recorded at regular time intervals, making it a crucial area of study in various fields such as finance, economics, and environmental science. Visualizing time series data not only helps in understanding patterns and trends but also aids in making informed decisions based on the insights gained. Code: # Extract year from date year <- function(x) as.POSIXlt(x)$year + 1900 economics$year <- year(economics$date) # Plot unemployment rate over time plot_unemployment <- ggplot(economics, aes(x = date, y = unemploy / pop)) + geom_line() + labs(title = "Unemployment Rate Over Time", x = "Year", y = "Unemployment Rate") + theme_minimal() print(plot_unemployment) This plot provides a clear visualization of how the unemploymen...