Image for statistical software (e.g., R, EViews)

statistical software (e.g., R, EViews)

Statistical software like R or EViews are specialized computer programs designed to analyze data and identify patterns or trends. They help researchers, analysts, and professionals process large amounts of information efficiently, perform calculations, create visual charts, and run complex tests to make informed decisions. These tools simplify the process of statistical analysis, making it accessible for users to interpret data accurately without extensive manual calculations. Overall, they enable better understanding of data-driven insights in fields like economics, finance, social sciences, and beyond.