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B bbhosted.cuny.edu Due September 20, 2021 Purpose. 1. Introduce you to R 2. Create time series plots of real GDP and Consumption. 3. Review basic

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B bbhosted.cuny.edu Due September 20, 2021 Purpose. 1. Introduce you to R 2. Create time series plots of real GDP and Consumption. 3. Review basic descriptive statistical concepts by plotting boxplots. 4. Describe and discuss patterns in the evolution of real GDP and consumption. Pedagogical Rationale. This assignment requires that you rst look for data and plot them into a graph. To do this, you should visit hgpszfldocsguandlcom/ and register for an API key. Next, you will plot two graphs, a box plot and a time series graph. Next, you will customize the units of the series by applying a growth (return) formula. Next, you will plot the growth rate graphs. Lastly, you will describe and discuss patterns in the evolution of the data series. These tasks will develop your prociency in searching for, transforming, and interpreting data. Grading. Your grade will be determined by (a) how precisely you complete the search and transformation data tasks and (b) how accurately you interpret the data. Steps to Search for and Transform the Data. 1. Open the attached le. 2. Install all the libraries listed. 3. Click on tab that says Packages, then click on \"Install\

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