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"Much to Appreciate" in StatTools
A review of StatTools statistical toolbox add-on for Excel
John A. Wass, Ph.D

Scientific Computing and Instrumentation
July 2004


Excerpts:

…the analyst will find much to appreciate.

It seems that the developers did indeed hit the most important items for a variety of industrial applications, and some of the implementations are quite nice, being robust, timesaving tools that generate fairly complete statistical reports and graphics.

…it offers the use of an excellent stack / unstack tool to aid in data formatting and interaction, combination, dummy variable and random sample features.

For each analysis performed, the program automatically adds the result to a named spreadsheet tab. This is a very useful organizational tool, since the tab is named by the type of analysis performed. Other well-thought-out features include the graphics, where the user can get scatterplots and other graphics on any and all variables at once, with a correlation coefficient accompanying each graph.

In summary, the robustness of the tests is welcome; the choices of tests are, in most part, excellent;

Engineers and scientists needing a variety of quick, report-grade statistics will find this software useful.

For more information, contact:

Randy Heffernan
Tel: 607-277-8000
Fax: 607-277-8001
rheffernan@palisade.com
Palisade Corporation
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