MATLAB as statistical tool
April 09, 2021

MATLAB as statistical tool

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with MATLAB

We use [MATLAB] for statistical analysis for our finance and accounting team. [MATLAB] can be used for those analysis that can't be done in excel.
It helps us to analyze sales for different products and and provide ways to visualize Data.
  • Great for statistical analysis
  • Easy to visualize the code being written into matlab
  • It's easy to learn and use and has an user friendly library
  • Written codes are easy to debug
  • Needs to be more compatible with different programs
  • Matlab is slow and crashes a lot
  • License is expensive
  • Great for data analysis
  • Libraries are useful
  • Easy to visualize workflow
  • Helped with statistical analysis that can't be done in excel
  • Graphs and Charts created in Matlab were useful for data visualization
  • Helped save time in data analysis
Python with scientific tool is useful and much less expensive. However it is somewhat harder to learn and use than [MATLAB].

Do you think MATLAB delivers good value for the price?

Not sure

Are you happy with MATLAB's feature set?

Yes

Did MATLAB live up to sales and marketing promises?

Yes

Did implementation of MATLAB go as expected?

Yes

Would you buy MATLAB again?

Yes

[MATLAB] is great for data analysis and for visualizing data but it can be expensive. Learning curve isn't bad but [MATLAB] tends to crash often and can be slow.