Analysis of the Relationship between Brent Crude Oil and Gold Prices in R

Authors

  • Hilala JAFAROVA Institute of Control a Systems of ANAS, Baku, Azerbaijan, Department of Information technology in public administration, State Management Academy under the President Republic of Azerbaijan, Baku
  • Rovshan ALİYEV Institute of Control a Systems of ANAS, Baku, Azerbaijan , Department of Operation Research and Probability Theory, Baku State University, Baku, Azerbaijan
  • Sudaba SALİHOVA Azerbaijan State University of Economics, Baku, Azerbaijan

DOI:

https://doi.org/10.17740/eas.stat.2018‐V9‐05

Keywords:

oil, gold, linear, regression, model, R, code, plots

Abstract

This paper focuses on the relationship between Brent Crude Oil and gold prices from 2010.01.01 to 2016.03.01. The aim of this article is to analyze and determine the character of the co-movement between price levels. For statistical computing R language and environment be used. This article also presents the basic characteristic and determinants of current price trends.

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Published

2022-09-06

How to Cite

JAFAROVA, H., ALİYEV, R., & SALİHOVA, S. (2022). Analysis of the Relationship between Brent Crude Oil and Gold Prices in R. Eurasian Eononometrics, Statistics and Emprical Economics Journal, (9), 68–76. https://doi.org/10.17740/eas.stat.2018‐V9‐05

Issue

Year: 2018 Number: 9

Section

Makaleler