Problem in R: I am trying to transform my data into a form, from which I can do the basic time series analysis. The date function's class is defined with the following code.
df$Date <- as.POSIXct(df$Date1, format ="%Y-%m-%d %H:%M:%S")
This data frame is then converted into a time series object with the following code:
timeseries <- xts(df$V1, df$Date)
However, when I try to use the decompose command
dec <- decompose(timeseries)
I get an error message that states
"Error in decompose(timeseries) : time series has no or less than 2 periods"
So, how can I transform my data into the right class so that I can perform the function (decompose).