Statsbros, which statistics software is used the most in the private sector?
I'm currently taking empirical economics and they're having us use Stata as opposed to Excel. In the stats math course a few of my friends are taking, they're using JMP.
Which one of these should I familiarize myself the most with to get a job in finance/economics?
R
accept no substitutes
>>1784815
Do employers usually look for perfection in these kinds of programs? Would it be a useful investment for me to buy R and familiarize myself with it, even if I'm not taking a course with it?
>>1784815
/thread
SAS best software
>>1784923
>Would it be a useful investment for me to buy R
Hell yeah it would, given that R is open source and completely free to begin with. Best ROI you'll ever get.
>>1784923
R is open source
Also, STATA makes money from marketing to Universities that R is hard to use. That being said have some familiarity incase the company you're working for got memed.
Everyone knows which software is better.
>>1784457
Stata is fucking perfect for econometrics dude. The only negative point I've observed until now is the slowness it shows to calculate the coefficients of some models when the data base it's enormous. My case was a Multinomial Logit
>>1784815
This.
R
>>1784815
Didn't really read anything posted beyond this, desu.
It is the only answer.
You can program R to stochastically suck your dick.