Econometrics/Statistical computaion with Java - Need advice
807580Jan 28 2010 — edited Jan 28 2010Dear All,
I need to perform econometrics/statistical computaion for the bank. We were using Matlab from MathWorks.com. Recently, we are planning to perform computation with java instead of Matlab.
e.g. below is the sample equation that I want to evaluate in java -
∆Φ_^(-1) (SDP_t )_ =B_1 〖∆SDF〗_(t-1 )+ B_2 〖∆XXX〗_(t-2 ) + B_3 〖∆linear〗_(t-1)+B_4 〖∆Linear〗_(t-2)
+Z_m
My question is, I have not found API in java though which I can perform calculation. Also, we are performing this type of computation first time in java, does java supports all statistics calculation like standard deviation, mean distribution et cetera.
I came across Apache commons-maths library which provides class related to maths/statistics. (http://commons.apache.org/math/api-1.2/index.html)
Has anyone performed statistics/equation evaluation in java or with Apache commons-maths? Please share your thought?
I appreciate your time reading my post.
Edited by: rasmeh on Jan 28, 2010 12:06 PM
Edited by: rasmeh on Jan 28, 2010 12:07 PM
Edited by: rasmeh on Jan 28, 2010 12:11 PM