From the course: Data Science Foundations: Data Mining in R

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Challenge: Decomposition

Challenge: Decomposition

(upbeat music) - [Instructor] At this Point, I want to invite you to try your hand at working with time series data and to do this, we'll do time series decomposition a really fabulous big picture analysis of what's happening with your data. We're going to use a dataset that comes from our the EU stock markets data that's from the datasets package. So let's come down here and get a little bit of information on that. It's the daily closing prices of several major European stock indices from 91 to 98. You can see the data. And one of the funny things about it is that it has decimal dates. These indicate how far into the year you are. So let's come back up to the top here. So we started in 1991 about halfway through and we have four different indices, the Dax which is in Germany, SMI, which is in Switzerland, the CAC in France, and the FTSE in the UK. We can plot the data and we can actually plot all four times series…

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