Different software tools for analyses?
Ans. There are number of modelling area and in each of these areas there are number of techniques (applicable to a particular type of analysis required) to be undertaken besides large number of software tools available for each of these techniques depending upon the complexity and its use. One has to select a specific software tool depending upon the local requirement. The tools could be classified into high, medium and low range in terms of cost as well as the facilities available. If the requirement of analysis is one time then the application development is different then for an on-line analysis/long term requirement. Back to top Q. Software tool(s) & Application development Ans. The software tools are generic and application development is specific to an application. Likewise in RDBMS: Oracle or DB2 is used for specific application development. Similarly SPSS based module is used for developing specific application development/analysis using multi-variate regression analysis.