(Ebook) Learning R and Python for Business School Students by Yuxing Yan ISBN 9781527590182, 1527590186

(Ebook) Learning R and Python for Business School Students by Yuxing Yan ISBN 9781527590182, 1527590186

Beyond just one textbookOne of the main features of this book is that it is not just a book or a textbook. There are many accompanying materials, such as over 1,000 programs written in R and Python, 200 data sets in CSV, RData, sas7bdat, and pickle (Python data sets) formats. On the other hand, R is used to help readers and students learn, along with many utility functions. Among a dozen utility functions, a function called .searchWebs() could be used to search various web pages and data sets. This function makes addressing some data sets efficient with, just a few lines of R or Python code. We will elaborate those properties in the next sections or pages.Starting from scratchFrom this book, readers learn basic concepts and programming skills related to R, and Python, then apply them to finance, accounting, marketing, and other business areas. This is a beginner’s book. In other words, we do not assume that readers have any prior knowledge or skills for R or Python. On the other hand, if readers have very basic business knowledge, such as understanding the present value formula of a given future value, present value of an annuity and the like, it will be great. Since the formulae used in this book are not that complex, a first-year business major student could learn them easily.R first, then PythonA reader or student could learn both R and Python within one semester if the book is used as a textbook with a good instructor. On the other hand, if a learner learns both languages by himself/herself, it is a good idea to take two semesters, i.e., at a slow pace.Using familiar concepts and formulaeSince this book’s target audience is business school students, we use many concepts and formulae they have learned, such as the time-value of money, present value formula for a given future value, present value formula for perpetuity, present value of annuity, future value for given present value, future value of annuity, Net Present Value formula and the like. In addition,…