MatLab is a predictive analytics and computing platform based on a proprietary programming language. MatLab is used across industry and academia.
$49
per student license
Minitab
Score 9.5 out of 10
N/A
Minitab Statistical Software can look at current and past data to discover trends, find and predict patterns, uncover hidden relationships between variables, and create visualizations. Key statistical tests available in Minitab include t tests, one and two proportions, normality test, chi-square, and equivalence tests. And its interactive tool with a gallery lets users view and explore multiple graph options without re-running analysis. Using the same selection of data each time, Graph Builder…
MATLAB really does best for solving computational problems in math and engineering. Especially when you have to use a lot of functions in your solving process, or if you have a nonlinear equation that must be iteratively solved. [MATLAB] can also perform things like integration and derivation on your equations that you put into it.
Minitab Statistical Software is used from development batches to commercial batches to identify that process is in state of control through various charts and graphs. we can optimised our process by continuous monitoring of product trends. its is less suited where large number of data need to handle and evaluate..
MATLAB is pretty easy to use. You can extend its capabilities using the programming interface. Very flexible capabilities when it comes to graphical presentation of your data (so many different kinds of options for your plotting needs). Anytime you are working with large data sets, or with matrices, MATLAB is likely to be very helpful.
I would give 10 out of 10 rating due to its functionality and easy to use interface. Its included wide range of tools like graph, chart, time study graph. There is predefined inbuilt templet available for easy to use and understand process well. there is availability of vast training materials enhances our experience.
The built-in search engine is not as performing as I wish it would be. However, the YouTube channel has a vast library of informative video that can help understanding the software. Also, many other software have a nice bridge into MATLAB, which makes it very versatile. Overall, the support for MATLAB is good.
How MATLAB compares to its competition or similar open access tools like R (programming language) or SciLab is that it's simply more powerful and capable. It embraces a wider spectrum of possibilities for far more fields than any other environment. R, for example, is intended primarily for the area of statistical computing. SciLab, on the other hand, is a similar open access tool that falls very short in its computing capabilities. It's much slower when running larger scripts and isn't documented or supported nearly as well as MATLAB.
MATLAB helps us quickly sort through large sets of data because we keep the same script each time we run an analyzation, making it very efficient to run this whole process.
The software makes it super easy for us to create plots that we can then show to investors or clients to display our data.
We are also looking to create an app for our product, and we will not be able to do that on MATLAB, therefore creating a limiting issue and a new learning curve for a programming language.