Statistical Analysis Software in 2021
Statistical software are specialized computer programs that help you to collect, organize, analyze, interpret, and statistically design data. There are two main statistical techniques that help in statistical data analysis: descriptive statistics and inferential statistics. Descriptive statistics organize data from a sample using indexes. Inferential statistics draw a conclusion from data that is a random variant.
Statistics are crucial for organizations. They provide factual data which is critical in detecting trends in the marketplace so that businesses can compare their performance against their competitors.
Benefits of statistical analysis
Statistical analysis allows businesses to make crucial decisions about projects.
It helps identify trends in the marketplace that can determine whether a project is right to invest in or not.
Business statistics help project future trends for better planning.
If you are considering risk factors for a specific project that your company wants to roll out then statistics are necessary.
This article is about the best statistical software available in the market and online. It will help cut down your manual processes and introduce smarter ways of handling your company data and information.
IBM SPSS Statistics
IBM SPSS Statistics
Advanced statistical procedures and visualization can provide a robust, user-friendly, and integrated platform to understand your data and solve complex business and research problems. SPSS Statistics addresses all facets of the analytical process from data preparation and management to analysis and reporting. Provides tailored functionality and customizable interfaces for different skill levels and functional responsibilities. SPSS delivers graphs and presentation-ready reports to easily communicate results Organizations of all types have relied on proven IBM SPSS Statistics technology to increase revenue, outmaneuver competitors, conduct research, and data-driven decision-making
The primary mission of RStudio is to build a sustainable open-source business that creates software for data science and statistical computing. You may have already heard of RStudio IDE, Rmarkdown, shiny, and many packages in the tidyverse. The open-source projects are supported by commercial products that help teams of R users work together effectively, share computing resources, and publish their results to decision-makers within the organization.
NumXL is a suite of time series Excel add-ins. It transforms your Microsoft Excel application into a first-class time series software and econometrics tool, offering the kind of statistical accuracy offered by the far more expensive statistical packages. NumXL integrates natively with Excel, adding scores of econometric functions, a rich set of shortcuts, and intuitive user interfaces to guide you through the entire process. NumXL comes packed with scores of functions that you can easily access through the function wizard in Excel, as well as several wizards and shortcut UIs to facilitate the time series analysis process and automate the most common steps.
nQuery is now the world's most trusted sample size and power analysis software. In 2018, 91% of organizations with FDA-approved clinical trials used nQuery as their sample size calculator. It is used by Biostatisticians of all levels of expertise. Created by sample size experts, nQuery boasts an extensive list of easy-to-use but powerful features for sample size calculation and power analysis.
SAS is perfect for traditional analysis of variance and linear regression and meets both specialized and enterprise-wide statistical needs. SAS uses the newest techniques for statistical analysis and large data tasks for any size of data set. You can easily create documented and verified code as per your requirements to fit governmental and corporate compliance needs. The software is organized in such a way that it helps you to access and manage data, build and deploy statistical models.
Other Software Options
WizardMac— In WizardMac, no typing or programming is required for data analysis. Any professional can start their survey with the help of WizardMac. The predictive models help to make business choices very easily.
AcaStat — One of the best statistical analysis tools available online and it analyses data using very simple statistical tools. It does statistical analysis rapidly and makes it simple.
Stata— Unified software which provides you with the complete package required for data analysis, management, and graphics. It is one of the most important software available online for statistical analysis.