“We have chosen R because:
– It is extremely flexible, allowing us to do data collection, data management, exploratory data analysis, and other essential non-modeling tasks.
– Manipulating matrices is easy.
– It has sophisticated tools for modeling investment returns and for analyzing and presenting results of simulations. And it has great tools for visualizing results.
– The work can be completely open and reproducible, which is essential to the success of this project.”
Don Boyd ( September 02, 2014 )