Statistical Software Programs Used for Business Research

In this paper we discuss software programs used for teaching business courses and used in business research. The software programs used are MATLAB, R Studio, Microsoft Excel, SPSS, SAS and Python. This paper goes into details about the functions of each software program and how each program is proficient and programmed for different areas of research. Using tables and figures, we discuss the ease of use per program, the difficulty based on a scale for beginner uses, the storage capacity of each programming language, the availability to business students and researchers and how applicable each program is with a basic knowledge of how to use it. The cost of each statically programing package is also covered. The detailed functions of the various programs are covered in Figures throughout and tables through the paper as well. It is a well-known fact that MATLAB, R, Python, Excel, SPSS and SAS are the most important five languages to be learned for data analysis.