If you’re a business user, you’ll love Wizard’s ability to export PDF graphics and interactive Excel spreadsheets. Wizard has a gentle learning curve, and mistakes are difficult to make with Wizard’s intuitive, informative interface. So if you’re new to statistical computing, you’ll find that Wizard is the absolute best choice for your first statistics program.īar-none, hands-down, no question about it. Wizard knows what you want based on context.Īnd Wizard runs appropriate statistical tests to give you the answers you’re looking for, even if you don’t know exactly the right question to ask. You’ll instantly see a picture like this: To summarize a variable… just click on it.

You won’t find any command line or programming language in Wizard.

Wizard is built from the ground up to make data analysis… well, pleasant. The program is called Wizard, and to be perfectly honest with you, I think it’s the most exciting desktop software since the spreadsheet. I know that you want a program that’s easy to use, that produces research-quality output, and that gives you advanced insights instantly. I’ve designed a new kind of statistics program.īecause it doesn’t matter whether you’re a seasoned statistician, or are just getting started with data analysis. That power should belong to everyone, not just a privileged few. Today, the power of statistics seems to be reserved for experts with advanced degrees and employers with deep pockets.Īnd that’s a shame, because data plus statistics equals knowledge, and as the saying goes, knowledge is power.

Most likely cried yourself to sleep in a corner, or spent your days struggling with statistical software designed by evil elves to make your mind implode. See their site for resources they have developed for teaching data analytics in introductory accounting.Last year was the “Year of Statistics” - so what did you do about it? Ohio Jennifer Cainas, CPA, DBA, is a clinical professor at the University of South Florida in Tampa and Tracie Miller-Nobles, CPA, is an associate professor of accounting at Austin Community College in Austin, Texas. Wendy Tietz, CPA, CGMA, Ph.D., is a professor of accounting at Kent State University in Kent. The next time you teach cost behavior, consider expanding your students' Excel skills by teaching them how to perform a simple linear regression, one of the many options within the Data Analysis function. Now that you have the regression results, you can discuss with the students the key pieces of information being displayed, including the coefficients (the intercept representing the fixed costs, and the X variable 1 representing the variable costs) and how to interpret the R square and adjusted R square values.

Regression analysis in excel mac