Econometrics/Statistical computaion with Java - Need advice

Dear All,
I need to perform econometrics/statistical computaion for the bank. We were using Matlab from MathWorks.com. Recently, we are planning to perform computation with java instead of Matlab.
e.g. below is the sample equation that I want to evaluate in java -
∆Φ_^(-1) (SDP_t )_ =B_1 〖∆SDF〗_(t-1 )+ B_2 〖∆XXX〗_(t-2 ) + B_3 〖∆linear〗_(t-1)+B_4 〖∆Linear〗_(t-2)
+Z_m
My question is, I have not found API in java though which I can perform calculation. Also, we are performing this type of computation first time in java, does java supports all statistics calculation like standard deviation, mean distribution et cetera.
I came across Apache commons-maths library which provides class related to maths/statistics. (http://commons.apache.org/math/api-1.2/index.html)
Has anyone performed statistics/equation evaluation in java or with Apache commons-maths? Please share your thought?
I appreciate your time reading my post.
Edited by: rasmeh on Jan 28, 2010 12:06 PM
Edited by: rasmeh on Jan 28, 2010 12:07 PM
Edited by: rasmeh on Jan 28, 2010 12:11 PM

the concept of mean distribution must be sth in econometrics that hasn't caught on.
Java math does not define standard deviation or any other stat methods. it's quite easy to program though. to do linear algebra and optimization you will need to call C or Fortran libraries from java. no need to reinvent the wheel.
cheers
s.

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    Just did a new SSD install and Migration which went fine but I'm also updating the rest of the internal drives. My main (non boot) drive was being upgraded from a Seagate Barracuda 3tb to a 4th Deskstar NAS (it was showing as compatible with my desktop, see links below). My 3tb ran fine for years but now due to it being heavily used I want to switch to a new drive and I can also use a bit more space.
    The issue I'm running into is that initially on boot, my system was telling me it couldn't recognize the disk and it wasn't even showing up in Disk Utility. I had to purchase a SATA USB 3 kit to attach it as an external to get it to show which worked without problem. With the USB kit I was then able to partition it (GUID, Mac OS extended journaled) and format it properly. After reinserting the drive into my tower as an internal it failed to show again. After a few attempts of restarts and trying various bays it popped up but showed as a non formatted drive and I was told again that the system didn't recognise it. I was then given the option to initialise and was then actually able to then format and partition it though Disk Utility while it was installed as an internal.
    Figured that was problem solved but when I went to check the drive and getting ready to transfer files over I noticed that Disk Utility was only allowing the First Aid and Partition options but not Erase, RAID, Restore which I'd never seen before. I then also noticed that none of the drive connection info was in the same format nor will it even provide drive bay info, connection info or read/write status (See screen shots). This is what I can't figure out and really need to clarify before I put full trust into using this drive.
    Any info would be greatly appreciated...
    Deskstar 4tb internal info which is installed in Bay 2
    3tb Seagate which I trying to retire and transfer from.
    Here are the weblinks to the Deskstar 4tb drive and the compatibility list but I support isn't allowing me to add direct links so add the www. before hand.
    (Drive - eshop.macsales.com/item/HGST/0S03664/) (compatibility list - eshop.macsales.com/Descriptions/specs/Framework.cfm?page=macpromid2010.html).

    What OSX version?
    Disk Utility in later versions of ML and I think Mavericks have problems formatting with 4 TB internal drives.
    http://forums.macrumors.com/showthread.php?t=1661024
    http://apple.stackexchange.com/questions/112266/why-doesnt-my-mac-pro-see-my-new -4tb-sata-drive

  • HT1338 II need to use Java 6 to run a web application because it isnt compatible with java 7 update 7.  is this possible? need to use Java 6 to run a web application because it isnt compatible with java 7 update 7.  is this possible?

    II need to use Java 6 to run a web application because it isnt compatible with java 7 update 7.  is this possible?

    MadMAC0 posted at https://discussions.apple.com/message/20107182?ac_cid=tw123456#20107182 that:
    Apple has posted (10/22/12) the approved solution for restoring the Java 6 plug-in:
    Java for OS X 2012-006: How to re-enable the Apple-provided Java SE 6 applet plug-in and Web Start functionality.

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