At the department we have been analyzing some transaction data for some time. We got a new dataset with lots of transactions. Once you need interpurchase (IPT) times, posix is quite useful, as you can easily difference transactions to generate IPTs.So ...

Waiting for convergence of MCMC models can take some time, therefore it may be a good idea to use better starting values. Using paste, one can quickly convert any (parameter) vector in the workspace into a R-style vector (with c()). Here's a function t...