

The most successful businesses use software to analyze all kinds of data including sales, employee, and customer data.

We are living in the big data era where technology plays an important role in making critical business decisions. The two main statistical methodologies, which are used in data analysis in some of the proprietary statistical packages used in statistical analysis are descriptive statistics and inferential statistics.ĭescriptive Statistics, summarizes data from a sample using indexes such as the mean or standard deviation, and Inferential Statistics, draws conclusions from data that are subject to random variation such as observational errors, and sampling variation. Here we have discussed basic concept, the procedure, data types different key features of Minitab.Specialized computer programs which are used for collection, organization, analysis, interpretation and statistical presentation of data are known as statistical software. This has been a guide to What is Minitab?. In short, it helps organizations and institutions to visualize and analyze the trend to solve certain problems by bringing valuable insights from the data, in a quick and effective way.

So this is the graphics window.įollowing are the 8 key features mentioned below:ġ. This comes only when, it is asked to plot something e.g. Graphics window: This is the type of window which is not seen when it opens.Worksheet window: This is the bottom window, where data is copy pasted into a worksheet.Session window: This is the topmost window, where it will show the output of your requested statistical analysis.

#MINITAB STATISTICAL SOFTWARE WINDOWS#
Minitab when opened, typically has three types of windows On the other hand it is a powerful statistical software package, can be used well by a statistician or some analytical person. MS excels can be used by anyone who wants to understand data or may want to perform some basic steps. However, its focus area is improvising quality of process/product/services with help of statistics, hypothesis testing, statistic visualization etc.Ĥ. MS Excel is a general tool, flexible for use with an extensive variety of applications. While it has an option of “Project Manager”, which can help you toggle between spreadsheets, charts and statistical output.ģ. When you have many worksheets and too many charts, that could look cluttered in MS Excel. In MS excel drawing it is a nightmare, but in Minitab, that’s easily available.Ģ. The only thing you need to do is, provide clean raw data, and a few clicks can get you beautiful charts.įor example the Pareto chart. Even the visualization which is specific to statistic context, It offers in a better way. here.īut when it comes to statistics and specific mathematical functions, it is the only choice. You can perform sorting, highlighting etc. MS Excel is very good for summarizing and analyzing the data. A question arises: Can’t we use MS excel? Why we need Minitab rather?ġ.
