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Introduction About E-View

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Introduction About E-View
Chapter 1. Introduction
What is EViews?
EViews provides sophisticated data analysis, regression, and forecasting tools on Windowsbased computers. With EViews you can quickly develop a statistical relation from your data and then use the relation to forecast future values of the data. Areas where EViews can be useful include: scientific data analysis and evaluation, financial analysis, macroeconomic forecasting, simulation, sales forecasting, and cost analysis. EViews is a new version of a set of tools for manipulating time series data originally developed in the Time Series Processor software for large computers. The immediate predecessor of EViews was MicroTSP, first released in 1981. Though EViews was developed by economists and most of its uses are in economics, there is nothing in its design that limits its usefulness to economic time series. Even quite large cross-section projects can be handled in EViews. EViews provides convenient visual ways to enter data series from the keyboard or from disk files, to create new series from existing ones, to display and print series, and to carry out statistical analysis of the relationships among series. EViews takes advantage of the visual features of modern Windows software. You can use your mouse to guide the operation with standard Windows menus and dialogs. Results appear in windows and can be manipulated with standard Windows techniques. Alternatively, you may use EViews’ powerful command and batch processing language. You can enter and edit commands in the command window. You can create and store the commands in programs that document your research project for later execution.

Installing and Running EViews
Your copy of EViews 6 is distributed on a single CD-ROM. Installation is straightforward— simply insert your CD-ROM disc into a drive, wait briefly while the disc spins-up and the setup program launches, and then simply follow the prompts. If the disc does not spin-up, navigate to the drive using Windows

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