This document compares five statistical software packages: Microsoft Excel, SPSS, SAS, Stata, and R. It outlines the key features and uses of each program. Excel is best for basic analyses and financial modeling but lacks advanced statistical capabilities. SPSS excels at descriptive statistics and is easy to use, while SAS and Stata enable more powerful analyses but are harder to learn. R is very powerful like SAS and Stata but is free and open-source. Each program has strengths for different types of statistical analyses and users.
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SASA Notes Finals
This document compares five statistical software packages: Microsoft Excel, SPSS, SAS, Stata, and R. It outlines the key features and uses of each program. Excel is best for basic analyses and financial modeling but lacks advanced statistical capabilities. SPSS excels at descriptive statistics and is easy to use, while SAS and Stata enable more powerful analyses but are harder to learn. R is very powerful like SAS and Stata but is free and open-source. Each program has strengths for different types of statistical analyses and users.
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INTRODUCTION TO STATISTICAL It is mainly used for Social Sciences
SOFTWARE but expanded in other disciplines
such as quantitative analysis of Available Software that we can use for complex data from various Statistics: discipline 1. Microsoft Excel Good Points: Will be used in Financial Modelling Part of Microsoft Office Very easy to learn and use (procedural) Excel version 1.0 (1985) Can use either with menus or syntax files (menus – most of the time Good Points: ginagamit) Extremely easy to use and interchanges Quite good graphics (similar with nicely with other Microsoft products features of excel) (If you have data with PPT or others, it Excels at descriptive statistics, basic will be easier for you to integrate data regression analysis, analysis, of variance, to Excel because they work well) and some newer techniques such as Excel spreadsheets can be read by many Classification and Regression Trees other statistical packages [Ex: You (CART) – a predictive model which have a data with Excel, that is raw data, explains how an outcome variable values and it will be transferred to SPSS (to be can be predicted based on other values. cleared with outliers and such)] Somehow using a decision tree. Add on module which is part of Excel Has its own structural equation for undertaking basic statistical analyses modelling software AMOS (built in (You may consider adding statistical tool with SPSS), that dovetails with SPSS. pack so you can use excel for statistical Bad Points: analysis) Can produce very nice graphs Focus is on statistical methods mainly used in the social sciences, market Bad Points: research and psychology Excel is designed for financial Has advanced regression modelling calculations (financial modelling), procedures such as LMM (liner mixed although it is possible to use it for many models/extension ng simple linear model) other things and GEE (generalized estimating Cannot undertake more sophisticated equation/the usual linear model), but they statistical analyses without purchase of are awful to use with very obscure expensive commercial add-ons. (You syntax. cannot have structural equation 3. SAS (Statistical Analysis System) modelling, path analysis, Developed in North Carolina State mediation/moderation effect among University in 1966 / Contemporary with variables) SPSS It is an integrated system of software product provided by SAS Institute incorporated which enables us 2. SPSS (Statistical Package for the Social information retrieval, data management, Sciences) report writing, and graphics. Can also be used in Medicine Advanced analytics, multi-varied SPSS version 1.0 (1968) analysis, business intelligence, SAS. Current version: Version 23 Good Points: A.K.A IVM SPSS – a software package used for analysis of Can use either with menus or syntax statistical data files Much more powerful than SPSS From S Plus – a statistical (because you have different areas such as programming language developed in data management advanced analytics, Seattle in 1988 criminal investigation, predictive Free version ng S Plus developed in analysis) 1996 Commonly used for data management Good Points: in clinical trials (because of predictive analysis) Very powerful — easily matches or even surpasses many of the models found in Bad Points: SAS or Statas (Good option if you cannot Harder to learn and use than SPSS have a thorough analysis of your data set in SPSS/STATA) Researchers around the world write their ACTIVITY 1: Finals own procedures in R, which are then available to all users BASIC FEATURES OF MICROSOFT Free (open source on S Language) EXCEL, SPSS, and SAS. Bad Points:
Much harder to learn and use than SAS
4. STATA or Stata Released in 1985 It is increasing popular in areas of ECONOMICS TO DO: Current Version: Version 14 Provides everything you need of Download SPSS Data Science: data manipulation, visualization, statistics, and automated reports.
Good Points:
Can use either with menus or syntax
files Much more powerful than SPSS ~ probably equivalent to SAS Excels at advanced regression modelling. (LMM and GEE) Has its own in-built structural equation modelling (unlike SPSS where you need to buy AMOS) Researchers around the world write their own procedures in Stata, which are then available to all users (recorded)
Bad Points:
Harder to learn and use than SPSS
Does not yet have some specialized techniques such as CART or Partial Least squares regression (Unlike SPSS)