Thursday, June 11, 2020

Features of SPSS : Taking business decision effectively

Features of SPSS:

1.Data visualization features help organization to understand data behavior.
2.Regression, Neural network, and time series analysis aid researchers to forecast the demand for the business.
3 correlation analysis finds relationship between two variables like cost and sales.
4.Parametric and non parametric tests makes conclusion on hypothesis of the business research.
5.Market segmentation done using cluster analysis.
6.Conjoint analysis applied for the new product development.
7.Multi dimension scaling applied for positioning.
8.Statistical quality control charts in SPSS widely implemented for total quality management.

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