You’ll get instant results to satisfy most requirements fast. Now You can join Vinai’s Data Analysis With Excel MasterClass, and learn how to analyze data quickly.Īpply any of these Top 10 Techniques to Summarize Data Quickly with in-built Excel Functions and Features. There’s not much time, and your client or boss needs information right away. It can be used for mathematical analysis, visualization and much more.You’ve got some data in Excel, and you want to quickly summarize it. This tool is a successor to a couple of other statistical environments. Not only can it be used for multiple numerical computations, it also has great data visualization capabilities. This tool presents an excellent alternative to Matlab. MacAnova is developed at the University of Minnesota and can be used for statistical analysis and matrix algebra. MicrOsiris is a lightweight freeware for performing all sorts of data analysis.Ī completely free add-in for Excel, Regressit can be used for multivariate descriptive data analysis and multiple linear regression analysis. It can be used for a wide range of econometric analyses, data series and regression. This is a free alternative for SPSS, and a pretty mature project which can be used for regression analysis, non-parametric tests, T-tests, cluster analysis and much more. This is something we definitely recommend you learn, because it is slow-ly becoming the standard in many professional data analytics communities. Learning it will require a bit of programming knowledge, but there are plenty of tutorials and online courses available for that purpose. It has a large community and numerous packages are developed for it. It can be used for many different types of analysis. R is by far the most widely used free statistical environment. Here we have created a list of the most popular free software for statistical analysis.ġ) The R Project for Statistical Computing Luckily, there are plenty of free alternatives that can be used instead.

These programs are expensive and not everyone can afford them. Unfortunately, for a more serious analysis users need specialized software such as SPSS, Eviews or Stata. The first step in the process requires turning on the Statistical Analysis feature, after which you can perform linear regression, ANOVA and much more. We have already explained how Microsoft Excel can be used as a basic statistical analysis software.

List of statistical analysis in excel