Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Implement a nested ifelse in R; so that Buy if the stock price greater than 16, Sell if the price less than 13, and Hold

Implement a nested ifelse in R; so that "Buy" if the stock price greater than 16, "Sell" if the price less than 13, and "Hold" otherwise.

- My Answer.

```{r} prices<-runif(5, min=10,max=20) prices ```

```{r} nested_ifelse<-ifelse((prices>16,"Buy","Hold"),(prices<13,"Sell","Hold"))

```

Error: unexpected ',' in "nested_ifelse<-ifelse((prices>16," --- This is what I get on running the code.

I could easily use if, else if, else sepeartely and get the answer; but the professor has asked us to try it as a single nested ifelse(). Please can some show how ?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Azure SQL Database For Modern Developers Building Applications In The Microsoft Cloud

Authors: Davide Mauri, Silvano Coriani, Anna Hoffma, Sanjay Mishra, Jovan Popovic

1st Edition

1484263693, 978-1484263693

Students also viewed these Databases questions

Question

6. How would you design your ideal position?

Answered: 1 week ago

Question

2. How do they influence my actions?

Answered: 1 week ago