Economic analysis with statistical data to determine the economies of scale needs a special tool with an array of functions to achieve objectives. This is a simple application which is just an executable file saved on a USB drive. You can use it on many computers as long as you click the file on each of the computers. Its interface is also less cluttered ideal for all users despite the level of experience. Besides, the app supports import of the files which is in data format.
Within the kit, you can create a new set of data and use the app’s features to run the econometric components to your desire. Other features include observation strategies like time series, cross-sectional and panel. The display window allows you to view frequency distribution sets, box plot logs in details among other edit functions.
Just like statistics, this is an app with an array of statistical tool. In short, it is a useful program on matters of economic statistics. This includes the graphical presentation for physical analysis. You have a chance to choose the required variable as you also input the formulas to enhance the mathematical automation.
Portable gretl is licensed as freeware for PC or laptop with Windows 32 bit and 64 bit operating system. It is in education category and is available to all software users as a free download.