Do Financial Analysts Use SPSS the Stats Program from IBM?
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?
Spss is a really shitty statistical package. In practice almost all econometric modelers use STATA/SAS
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).
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