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SPSS Statistics is a statistical software suite developed by IBM for data management, advanced analytics, multivariate analysis, business intelligence, and criminal investigation. Long produced by SPSS Inc. , it was acquired by IBM in 2009.
IBM SPSS Modeler is a data mining and text analytics software application from IBM. It is used to build predictive models and conduct other analytic tasks. It has a visual interface which allows users to leverage statistical and data mining algorithms without programming.
Ooms, Marius (2009). "Trends in Applied Econometrics Software Development 1985–2008: An Analysis of Journal of Applied Econometrics Research Articles, Software Reviews, Data and Code". Palgrave Handbook of Econometrics. Vol. 2: Applied Econometrics. Palgrave Macmillan. pp. 1321– 1348. ISBN 978-1-4039-1800-0. Renfro, Charles G. (2004).
The maximum likelihood method has many advantages in that it allows researchers to compute of a wide range of indexes of the goodness of fit of the model, it allows researchers to test the statistical significance of factor loadings, calculate correlations among factors and compute confidence intervals for these parameters. [6]
For data analysis, software suites like SPSS or SAS, or their free counterparts such as DAP, gretl, or PSPP are often used. These tools are usually helpful for processing various huge data sets, as they are able to handle enormous amount of statistical analysis.
It makes some of the old CRISP-DM documents available for download and it has incorporated it into its SPSS Modeler product. [6] Based on current research, CRISP-DM is the most widely used form of data-mining model because of its various advantages which solved the existing problems in the data mining industries.
SPSS: A dialog box for Propensity Score Matching is available from the IBM SPSS Statistics menu (Data/Propensity Score Matching), and allows the user to set the match tolerance, randomize case order when drawing samples, prioritize exact matches, sample with or without replacement, set a random seed, and maximize performance by increasing ...
There are a few reviews of free statistical software. There were two reviews in journals (but not peer reviewed), one by Zhu and Kuljaca [26] and another article by Grant that included mainly a brief review of R. [27] Zhu and Kuljaca outlined some useful characteristics of software, such as ease of use, having a number of statistical procedures and ability to develop new procedures.