From the R Wikipedia page at https://en.wikipedia.org/wiki/R_(programming_language):
"R is a programming language and free software environment for statistical computing and graphics supported by the R Foundation for Statistical Computing. The R language is widely used among statisticians and data miners for developing statistical software and data analysis."
This language is well-known with data scientists that have implemented a lot of modules that can be located in websites. This makes it easy to understand and learn how to implement data forecasting.
In this section, we are going to work together to configure the R environment. We're going to install the R software and install the libraries that shall be used in the examples throughout this chapter.