Stata

Excellent for econometric analysis.

Commenti: There are some things that Stata does extremely well - the statistics and econometrics in particular. And it does these things reliably and fast, with a good support network. If you're willing to pay for it, performance is even better - using up to 64 cores. But for more general purpose statistical work, R is not only free, but better (even though it is more buggy).

Aspetti positivi:

This is statistical programming software that is excellent for canned econometric procedures. Reliable and fast, with a huge library of procedures built in, and an even bigger user-contributed library. Online support through the statalist forum is also amazing. It also has a matrix programming language (Mata). The graphics capabilities are also easy to use and very high quality. Has a lot of related features like heatmaps, producing production-quality regression tables, etc.

Aspetti negativi:

This software is expensive. You're paying for something that is reliable, tried and true, with a great support network. But there are other free options, such as R. Furthermore, while this is excellent for canned statistical and econometric procedures, the programming language itself is not anywhere near as developed as something like R. For example, work with text etc is out of the picture. It is quite un-intuitive for someone coming with a programming background, and has weird quirks - such as only being able to keep on dataset in memory at a time. These issues mean that achieving what could be achieved in 3 lines of code in another language, might take 100s in Stata.

one stop shop for all your data analysis needs

Commenti: As we began consulting on national-scale projects with massive datasets and sophisticated data analysis and reporting needs, it was only normal that we migrate from the equally efficient but less technical alternatives we were using prior. And the great wealth of freely accessible online resources and communities has been the most essential differentiator that separates Stata from other options.

Aspetti positivi:

Stata provides a comprehensive package of functions that allows us to manage and analyze project research data very efficiently. Particularly with purely statistical functions. Stata also has a very dedicated user community, which translates to extreme ease of getting help when we get stuck.

Aspetti negativi:

Learning to use Stata was very challenging for me, as someone coming from the significantly less technical alternatives I had been using to that point. I also think product licensing can be improved to make it easier for smaller teams to subscribe at relatively lower costs.

Does what is needed

Aspetti positivi:

Has a lot of different types of statistical tests and tools to use for simple and more complex analysis. Once understood, the layout is easy to read

Aspetti negativi:

So many different codes that have to be learnt

Great for Academic Research and Mid level professional data work

Commenti: Before Stata, we were using Excel for almost all of our data work.....mostly because it was free. Switching to Stata however cut down our manual processes drastically; reducing task times by up to 80%. The main issue we ever had was with the product licencing and product access for our team. The response time in resolving the issues weren't as prompt as we would have hoped.

Aspetti positivi:

The range of functionality in the software, the free training and help resources available online, the ease of creating reports from your work, etc.

Aspetti negativi:

1. The software interface was a bit intimidating for me as a beginner coming from Excel 2. the computer requirements for running the software were rather high, and the devices we had at the time couldn't quite run them smoothly so we had to replace most of them.

God bless Stata

Aspetti positivi:

Stata is such a flexible stats tool. If the native features don’t work for you, someone has probably created something that will. All you have to do is use the “findit”command.

Aspetti negativi:

There is a learning curve, and I wonder if I could have learned it on my own as I learned it in grad school.

Review for Stata

Commenti: Stata is a very good statistical software for people who are not familiar with coding, but are required to work with financial time series. It has all types of regressions is very comfortable to use. Also the last Stata update (Stata 16) supports Python, so you can write a Python code in Stata. This is a very comfortable for me as i am using both scrapping and financial time series analysis

Aspetti positivi:

First, Stata is super easy to use. (If you are not a programmer and coding is not your strongest skill, then Stata is a perfect match for you. You do not need to write a code in Stata in order to get the results. You can just use your mouse, find the right buttons, click them and get the results. Second, you can run basically all types of regressions in Stata. Third Stata is user friendly. It took you a while to get comfortable with it, but after 1-2 weeks of usage, you really start to love this statistical software

Aspetti negativi:

First of all it is price. Stata is very expensive and there are some softwares that let you to do almost the same things with the lower price or even free. Furthermore the graphics of Stata are not very beautiful, so I would never recommend you to use that graphs for your presentation

Stata for learning Econometrics

Commenti: I would say that having worked with stata using different datasets have improved my econometrics understanding. It is a great choice for research.

Aspetti positivi:

Stata is a statistical analysis software which is fairly easy to use. I believe It is the 2nd best software (after R) for learning econometrics. It has both coding and drop down interfaces. Easy to learn and there are ample of notes on internet which can be used in the learning process. Fast and powerful enough to run econometric models (even runs tobit model, which R can not do. R returns infinite SE many times). Since it is a paid software, the results it provides are reliable and that is why it is widely used by econometricians for their research. Since most of the economists use stata, it has a network externality, i.e. people can understand the research methodology by going over stata codes.

Aspetti negativi:

The reason I think it is the 2nd best is that it is not cheap. Also, it offers different licenses. The basic license costs 200 usd (approx). But it can work with only 2048 variables. For mor variables, you have to buy stata SE, which can work with 32,767 variables. Since most of the advanced public datasets has more than 2048 variables, it is difficult to manage with IC. So, they basically force you to buy SE. They should increase the number of variables to at least 10000 for the IC version.

Convenience and Computation - at a price

Aspetti positivi:

Stata gives much convenience to Econometrics and Statistical Analysis. The command syntax is easy to learn, the Stata manuals give much info on both theory and application, and the software gives so many offerings with respect to statistical methods.

Aspetti negativi:

Stata is pricey, and its features can be replicated in other software like Python or R. However, it stands that Stata has features not available anywhere else - GSEM modeling and even simple multinomial choice modeling are unavailable in other software without complications. Stata's convenience is worth the price if businesses are up to it.

Stata is a very strong analytical tool. I keep learning about it each time I use it!

Commenti: Excellent software which makes analysis easy to conduct, and easy to replicate. A bit expensive so non-experienced analysts may prefer other free or less expensive tools. I really enjoy learning everyday about new Stata functions and tools and I am actually thinking in starting online Stata Corp courses to get a proper and well-structured training.

Aspetti positivi:

- Easy to share do-files. - Keep learning each time I use it. - Professional and well recognized in the research community. - Regular updates, add-ons and new versions released with features for always more convenient use. - Rigorous statistical/analytical tools, also very adjustable to one's needs. - Help section is very helpful.

Aspetti negativi:

- Lack of free online courses available to improve even faster. - Cumbersome tabulations export from Stata to MS Excel for example. - Still expensive, but indeed worth the money.

Acceptable statistical analysis and inference tool.

Commenti: Although it is not the software that I normally use, especially due to the deficiencies in its graphical presentation of results, I use it frequently to compare the results it produces, against the results obtained with other software, both commercial and self-developed. This has allowed me, in many cases, to validate the results obtained.

Aspetti positivi:

Price, that although it is not cheap, if it is competitive with respect to other softwares of similar characteristics. It allows me ample freedom to customize the way of presenting the results obtained, which in general is not the best. The after-sales service is good, with regular updates and an excellent help section.

Aspetti negativi:

Talking with my students, the cost is accessible to people like me, but it is not for the average student, especially when the licenses must be renewed periodically. If there is something to criticize the program is the way of presenting the data, where there is a lot of improvement field, since the outputs produced by default are of limited quality and presentation, especially if you want to enter a publication. The error code messages are not very useful in order to solve the error.

University lecturer

Commenti: I am using this software for along years.

Aspetti positivi:

Since I am a researcher I used this software daily. Stata is menu-based software. so, it is easy to use.

Aspetti negativi:

Stata software is full of packages. It is used to analyze large business data and health-related datasets. There is no difficulty to use stata.

Once you go stata, there’s no difficult data

Commenti: I love using it and I recommend it all my colleagues and students

Aspetti positivi:

The most important feature is it’s ease of operation. It is easy to learn, has great resources available for help if you need it and it is very efficient while dealing with large data sets

Aspetti negativi:

When I first started learning it 10 years ago there wasn’t much online help available and that was my most important concern but not anymore

Good for academic data analysis

Commenti: Overall, Stata is a very powerful platform to analyze data, especially when the project requires manipulating the data into new formats or performing matching, etc. Where it falls slightly short compared to other programs is that it does not allow for multiple datasets to be open at the same time, and it can crash, but this is fixed with diligent saving of do files, and the multiple datasets issue is not really a problem unless doing projects that require a large number of models with variables from different sets.

Aspetti positivi:

I am a PhD student that uses a combination of Stata and R for data analysis for academic papers. I like that Stata allows for manipulation of data in ways that are quite intuitive and straight-forward, and it allows one to manage datasets with a very large number of observations. Stata is also particularly good at allowing for the transformation of data from one format to another (for example, from long to wide) which allows for matching and subsequent easier manipulation.

Aspetti negativi:

My least favorite part about Stata is that it does not allow one to have multiple datasets open at the same time, like other programs do. Also, in my experience, one has to save the do-file they're working on very frequently because it is not rare for Stata to crash. But, with that knowledge, it's not really an issue to save often once you're used to it.

Incredibly power big data analysis system that, though difficult to master, provides big results

Commenti: -I was able to run trends for my college thesis on domestic and international terrorism growth and attacks. By using stata, I could create cross-time data sets to demonstrate trends in terrorism incidents from my collegiate database.
-I also used this system extensively in an advanced statistics class where we ran risk analysis profiles for various companies, looking for inconsistencies between anticipated growth trends and actual trends. We were able to run statistical tests to determine likelihood of certain events and easily determine the margins of error. We analyzed vehicular risk information, health risk information across different states, trends in international fishing companies, etc.
-The system is extremely powerful and can give the user strong evidence through analysis.

Aspetti positivi:

I used STATA SE, which is the large database version for an advanced statistics class extensively in college. As long as your computer has enough memory, STATA can take in vast quantities of data and very quickly provide complex graphs, will perform a variety of modifications for plotting a wide variety of regressions, analyze data from surveys, and will takes a variety of data inputs to use for the processing. STATA can analyze data sets across time, save your progress while you are working, sort and clean data, create dummy variables, and export your results. STATA is a fantastic program for research.

Aspetti negativi:

Coding the requested commands takes fairly extensive experience and practice. It usually takes upwards of 40 to 50 hours to master without any prior experience in STATA. Performing basic commands is a simple process with a guide, but interpreting the results can be difficult without significant experience with statistics.

What’s not to like?

Commenti: Fantastic!

Aspetti positivi:

If you have to analyze data for a living but do not necessarily want to code to run every single regression, then Stata is the way to go. Seriously, is there anything not to like about this software? Every version is better than the last. Stata makes even the most hard-core data analysis task and multi-level modeling seem like a walk in the park. Above all, there are tons of information available online on how to use the software. This information is available from Stata itself, independent statisticians, and students. What do I love about it most? Ease of use and functionality. I survived graduate school due to this tool alone.

Aspetti negativi:

There is nothing to dislike about this software. It just keeps on getting better. Thanks Stata!

Great product for regression analysis.

Commenti: I am using this product both for my works and my master thesis. I have to perform so many regression analysis for my works and Stata is very helpful and reliable product for these.

Aspetti positivi:

I have done so many regression analysis with this product and it is very good at it. Also It is providing quite good graphs and cross tables which are really usefull for my works.

Aspetti negativi:

It has a lot of problems between old and new versions of the product. You need to be very careful to carry your works from newest versions to old versions. Sometimes your code does not work.

Helps to handle data from initial stage to final analysis stage.

Aspetti positivi:

The ability of the tool to handle a large volume of data without any challenge makes me like the tool most. The tool also can act as a stand alone as far as data preparation, analysis, visualization is concerned. With Stata you don't need any other tool to get the work done.

Aspetti negativi:

Sometime you need statistical knowledge to get tangible results.

Learning curve and very particular, but par for the course

Aspetti positivi:

STATA is undoubtedly hard to learn initially, especially for non-statisticians. I hold a nutrition degree and began using it for epidemiology data, and it took a while for me to really get a hang of it. Now that I do, it's an invaluable resource for any and all things data.

Aspetti negativi:

One rogue character can jam your code, and it can be hard to figure out what the problem is. That's where, really, only experience can dig you out.

Click and drag possible for most analyses.

Aspetti positivi:

Unlike other competitors, STATA is used by many economists and economic researchers. It allows click-and-drag for most complicated statistical analysis (such as Multilevel models, Bayesian), easier than other competing products.

Aspetti negativi:

Since it is click-and-drag, some features are not as flexible as other competitors. Yet, I think this is a great product covering most popular statistical techniques.

Stata software : A review of state-of-the-art

Aspetti positivi:

Easy and friendly user-interface with comprehensive online resources for learning.

Aspetti negativi:

Annual subscription is expensive and not compatible with certain types of data.

Data analysis

Commenti: I am familiar with this software to do researchs.

Aspetti positivi:

Basic for economic data and it is simple to use

Aspetti negativi:

Because it is an important software for analysis.

Easy statistical analysis

Commenti: Excellent product! I like the help feature as well. Everything is explained in the documents provided in help tool

Aspetti positivi:

I like overall every feature of this software. It has made my work easier, especially regression analysis.

Aspetti negativi:

Update is installed easily but sometime it take long time to update and create error in analyses. Else I like it!

Great Statistical Package for Everyday Use

Commenti: Overall, I really like Stata and I still plan to use it for the majority of my research.

Aspetti positivi:

I use this package pretty much every single day and for the majority of my research manuscripts. I'll do all of my data management and cleaning as well as my analyses in Stata. The syntax is fairly intuitive and the software is able to handle most advanced statistical techniques.

Aspetti negativi:

What I like least about the software is that there are certain types of categorical data analysis techniques that cannot be done in Stata.

Econometrics Techniques For Business analysis

Commenti: As a Econometrics students i will suggest everyone to work on it.Its very impressive and result oriented.Regression and P-value will always show the exact relationship between dependent and independent variables.

Aspetti positivi:

Stata is result oriented software for students and professionals.Its very impressive for Regression analysis,Multi-Collinearity and heteroscedasticity analysis. Secondly its Time saver, Data can be put manually or export from MS Excel.Third one is visual and graphics,Its show you step by step analysis when you enter any query.

Aspetti negativi:

Its too costly,Business can manage its expense but there must be some partial free access to the student.Second its too complicated due to its character.A small character error can leads towards baised results (due to human error).

Had to learn Stata for my undergrad sociology final capstone research class

Commenti: Research the crap out of your question. Go Sociology + Stata!

Aspetti positivi:

Did all the stats for me so I could focus on the data analysis part of my final research paper. Stats is hard enough and this took the hard work out.

Aspetti negativi:

There is a lot to learn in Stata but thankfully, online videos are a Godsend and the forums online help tremendously