What are: SPSS, SAS, Excel and R? What do they do? Introduction

[@Analog_smog]

Great analysis! I'm pretty fluent in Excel and R but wanted to learn more about SPSS and SAS. The chart was especially helpful!

[@Erqin]

Thanks for the informative video. But why haven't you also commented on Stata? It is even in your graph and seems to perform better than spss and sas recently.

[@Dr.ElliottJardin]

Great question. That program has really grown in the last 5 years

[@TheFreezwater]

Thank you for this video. Great explaination! :)

[@gauravbhayana4626]

Hey man great video but i wanted ask which one of this mostly used in finance world as i am learning financial modelling that i am being taught on excel most places i have heard mastering is excel is enough

[@Dr.ElliottJardin]

hey @gaurav, yes make sure that you are comfortable in excel. If you are interested in coding, I would look into python. I have a video on the channel showing you how to download and do some basic stuff. If this sparks your interest, I would consider enrolling in a cheap class on udemy

[@StockSpotlightPodcast]

Was R Studio not out 4 years ago? Because that would be the GUI of R. Also, once you get the hang of R, it is easier than Excel for even a regression analysis (which could be basic or advanced depending on your level).

[@Dr.ElliottJardin]

Hey Sonder, it didn't leave beta until about 6 months after this video (according to a google search that I just did). These days I am a huge fan of JAMOVI. Have you ever tried it? My students pick it up faster than anything else that I've used

[@StockSpotlightPodcast]

@@Dr.ElliottJardin I will look into this! I find R Studio pretty good, but always open to something new. Thanks for the suggestion :)

[@Dr.ElliottJardin]

@@StockSpotlightPodcast If you are doing traditional statistics, I find JAMOVI to be the easiest to use free program. For Machine Learning/Data Science I'd stick with R or Python

[@StockSpotlightPodcast]

@@Dr.ElliottJardin Looks pretty cool! And nice job on the video :)

[@johnchang1226]

Do you have to know programming (coding) to use R for statistics?

[@Dr.ElliottJardin]

Hey John, R is a language so you do have to code. However anyone can find the scripts online and just use those. Since the release of this video, The R Universe has released Jamovi, it is a gamechanger. It offers the free open source model, while providing a purely drag and click interface . I can't imagine recommending another interface/program over this one for quite some time

[@MohammedALBaroudi]

Also, I am curious to know what do you think of STATA?

[@Dr.ElliottJardin]

Compare STATA to SPSS... but lower cost

[@ulkeerenaykasap8893]

what about JASP?

[@Dr.ElliottJardin]

I like JASP a lot, My favorite new one is Jamovi, it's free and easy to use :)

[@ulkeerenaykasap8893]

@@Dr.ElliottJardin thank you so much, i use 0.9.0.1 version of it. My introduction to statistics teacher suggested JASP and R.

[@Dr.ElliottJardin]

@@ulkeerenaykasap8893 Awesome, those are good suggestions :)

[@ryannevillanueva2356]

have you tried Minitab?

[@Dr.ElliottJardin]

I haven't used minitab in 8 years so i can't speak to how it has changed in recent years. What I can tell you is that as of then, its functionality most resembled SPSS

[@jarredwieser6090]

Excel is best for graphs!? I respectfully disagree.

[@Dr.ElliottJardin]

Of these I would say so. More recently I have become a huge fan of Tableau and their data visualization packages. Additionally, the Seaborn library in Python is amazing. Thanks for you input, Jarred. Which program is your favorite for data visualization?