Regression– It consists of several tests for determining the relationship between a dependent variable and one and more independent variables.Includes Wilcoxon Rank-Sum and Wilcoxon Sign Rank test Non-Parametric– It uses a non-parametric test when the data does not have a normal distribution.As the value of the variable goes towards 0, it indicates a weaker association. A value of +1 indicates a strong association. Co-Relational– It measures how strongly two variables are related to each other.The best statistical analysis software should be able to conduct the following statistical tests. In other words, a business owner can use statistical analysis software to discover customer trends and behaviours. Other than statistical analysis, this software can also be used for the interpretation and intuitive presentation of data. Free Statistical Software for Data AnalysisĪs the name suggests, statistical software is a tool for the statistical analysis of raw data.
