Statistical packages are computer programs used in statistical analysis of data and econometrics. Statistics itself is the study of the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, e.g., a scientific, industrial, or societal problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all persons living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. This is done by use of statistical software such R, Stata, matlab, MS Excel etc. Such packages have their unique application in field. This study will only discus Lubridate, a statistical package found in R. The study outlines various uses and application of Lubridate with a case study of NSE data.The reseachers have looked into the package as a statistical tool of analyzing data and various codes applicable/usable with the Lubridate package. Most of the codes included in this research paper are tried and tested. To make it more elaborate, the reseachers have included various examples as a way of illustrating the meanings of the codes.