1/22/11

Basically the title. Has anyone heard of financial analysts (not just limited to bankers, but even corporate finance) using the statistical tool SPSS? I have to buy it for a class I'm taking and I'm wondering if it's worth keeping at the end of the term if only because it will be used once I start working and I can benefit from tinkering with it in my spare time. So have you guys seen this thing used in real life?

Comments (3)

1/22/11

Spss is a really shitty statistical package. In practice almost all econometric modelers use STATA/SAS

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1/23/11

It may have been modified but I don't think SPSS allows for heteroskadastic errors. You can never go wrong learning SAS, STATA, or even R (free).

1/23/11
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