Next time you use Quandl, click the “Statwing” button to statistically analyze a Quandl dataset.
Let’s say you were looking at this Quandl dataset of bitcoin prices over time.
In two clicks you can get a nice histogram and descriptive statistics for a column of values, like Bitcoin trade volumes:
Or click two more times and find out if a trend is statistically significant:
Or create a new variable in a few seconds, like transforming dates to days (for example, “9/29/2014” to “Monday”):
Or bucketing the days of the week into “Weekday” and “Weekend”, then seeing how they differ:
There’s a lot more to explore, but we’ll leave that to you. Enjoy!