Minitab offers both single-user and multi-user licensing on an annual or one-time basis and support is provided via phone and documentation. It comes with an assistant feature, which guides users through the entire analysis process and interprets results by summary, diagnostic or report cards. Engineers can gain insights using different graphical outputs including scatterplots, bubble plots, box plots and histograms. Minitab enables data scientists to forecast business results through classification and regression Trees (CART) logistic regression, factor analysis and cluster variables.
Using t-tests, one and two proportions hypothesis, normality tests, chi-square and equivalence tests, professionals can generate improved processes for designing products. Its an extremely useful program for advanced professional and academic environments. Minitab offers us a wide range of tools for statistical calculations. Statistics instructors have been choosing Minitab for. Use Excel to collate and prepare your data for analysis, then paste it into Minitab for the actual analysis.
They work very well together if you know how to make good use of the limitations of both. Features include statistical modeling, data sharing, time series, simulations and distributions. 8/10 (180 votes) - Download Minitab Free. Combined with unparalleled ease-of-use, Minitab makes it simpler than ever to get deep insights from data. Excel is a number cruncher and converter using formulas, and Minitab is a number analysis package.
Minitab is a cloud-based statistical tool designed to help small to large organizations across various verticals such as manufacturing, healthcare, energy, automotive or non-profit discover market trends, predict patterns and visualize data.