Top 10 Best Statistical Analysis Software

Statistical Analysis Software devoted to helping users understand statistics software functionality.

In today’s economy progressive businesses are using statistical analysis software to improve quality without sacrificing productivity. Organizations that choose to buck the trend of focusing on hard data to drive decisions are slowly fading away. They’re being overtaken by a new breed of business, or at least new thinking. Companies like Google have proven what’s been known by leading organizations for a while, quality data drives better decision making.

And that’s where statistical analysis software comes in to play. It would hours of work to organize data in the way that statistical analysis software does. If you’re not using this powerful tool yet, it’s time to start, you can bet your competition already is.

Improving Quality With Statistical Analysis Software

One key use of any good statistical analysis software application is the ability to evaluate quality metrics, which will allow you to shore up your product quality. These powerful tools give you the ability to look at variation and allow you to see where your biggest opportunities lie. Therein lies the power. You can concentrate resources on your biggest opportunities, thus getting the biggest bang for your buck. There’s no questioning that using statistical analysis software is an extremely powerful tool when you’re tackling big quality improvements.

Increasing Productivity Using Statistical Analysis Software

Improving quality isn’t the only area where statistical analysis software shines. You can also see great results in the area of productivity if you truly take the time to analyze and understand your data. Good software makes this a snap. You can quickly do more than just a simple Pareto chart when looking how to best solve a problem.

Having multiple views of your data is a huge benefit of statistical analysis software. Like in the quality example above, the tool can quickly help you determine your biggest areas of opportunity. Doing this allows you to quickly and easily deploy your resources where you’re going to get the most return. In today’s world, where resources are tight, this is an obvious benefit.

Statistical Analysis Software Brings Data To Life

Most of us have more data than we can ever understand. That’s a problem. We spend a huge amount of resources collecting data in hopes that someone will magically put it in excel and spit out useful charts. The trouble is that never seems to happen. As a result we’ve not only wasted the time and energy collecting the data, but we never fix the problem we started collecting the data for.

When you get the hang of your statistical analysis software, you can quickly bring huge data sets to life. Graphically representing your data makes all the difference in the world. If you’ve ever seen someone put up a table full of data on a powerpoint slide you’ll know what I mean.  You can’t make heads or tails of it. You can’t make decisions on raw data. You make good quality decisions using well organized, well presented data. Lucky for you, statistical analysis software is designed to do just that!

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Top 10 Best Statistical Analysis Software:

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XLSTAT

XLSTAT is a user-friendly statistical software for Microsoft Excel. It is the most complete and widely used data analysis add-on for Excel, PC and Mac.

MINITAB

Minitab provides the tools you need to analyze data and find meaningful solutions to your toughest business problems.

ANALYSE-IT

Analyse-it brings powerful statistical analysis and data visualization into Microsoft Excel.

JMP

Statistical Software | JMP Software from SAS. Statistics and DOE software for Mac and Windows. Interactive, visual statistical data analysis from SAS.

LIMDEP

LIMDEP & NLOGIT are powerful statistical & data analysis software for panel data, stochastic frontier, multinomial choice modeling, probit, fixed effects, mixed models & much more.

SANITASTECH

Sanitas Technologies has been a national leader in the design, development and deployment of groundwater statistical analysis and environmental statistical software since 1991. Our software is used by environmental consultants and engineers, landfill operators, municipalities, utility power plants and state regulatory agencies.

STATA

Data Analysis and Statistical Software | Stata. Data Analysis and Statistical Software for Professionals. Stata is a complete, integrated statistics package that provides everything you need for data analysis, data management, and graphics.

STATWING

Statwing | Efficient and Delightful Statistical Analysis Software for Surveys, Business Intelligence Data, and More.

MARKETSIGHT

MarketSight is intuitive, web-based, survey data analysis software for building crosstabs, running statistical tests, creating PowerPoint charts, and sharing results online. Analyze data from SPSS, Excel, SurveyMonkey, SAS, and Triple-S with MarketSight easy-to-use, statistical analysis, charting, and reporting tools.

INTELLECTUSSTATISTICS

Intellectus Statistics is the first statistics tool for non statisticians. Now, accurate statistical interpretation is available to everyone.

Business Statistics Explained

Business statistics is generally the science of an accurate business minded decision being made. It is vital that business owners use statistics to better their position financially and in marketing.

A good business always has surveys or tests to gather data from the public to see how they can better their business and give people exactly what they want. How often have you been stopped in the street and asked questions about how you would like to be treated in a store or at a certain business establishment. Another way to gather data is by creating online surveys for customers to do. This way you can gather the business statistics data on your computer, and then transfer that data into a statistics software program which will organize it, and the results will show you how to better your business.

Some analytical software’s can detect how many people visit your businesses website and where they come from, they will also tell you how long they browse the site for. These types of programs are great for businesses as they allow them to see how well they are doing. There is a free business statistics software for this called, ‘Google Analytics’. It is well worth checking out.

Business Statistics: Who should learn them?

When thinking about business statistics, you should consider the position you are in a business. If you are of a supervisory position they may not be as important to you. But if you are in a managerial position, you will want to have a serious think about it. If you were to learn all the aspects of business statistics, you would be able to make great decisions in the work place, and see the results you want to see from them. It could really sky rocket your business from learning the statistical sides of things, because when you understand the data you receive, you are understanding the customers, and then you will really be over delivering on quality service. Which is where every work place should be.

The Importance of Business Statistics

Business statistics are a very serious matter to any business. They can determine whether you are successful or not. You don’t have to be a rocket scientist to understand them either. Some of it is just common sense. Take for instance a cafeteria, customers will come in eat and leave. But if you had a three box survey at the till area you could get them to quickly tick a box which describes how they see your service. Then after the day is up you would tally the results and see what the data comes out with. This is a form of business statistics. It helps make your service a much better one, always improving and moving upwards.

Business Statistics: Conclusion

The main thing to remember with business statistics is that it has more of an importance to you when you are in a higher position, or the business owner. But you shouldn’t just let it pass you by, any level of understanding in business statistics will help you improve your companies service. If you aren’t yet using your business statistics to scale your efforts, it could be costing you in lost revenue and time.