Palisade Asia-Pacific designs and develops data analysis software tools. StatTools and NeuralTools are two such data analysis software tools. StatTools is a standard data analysis tool offered in conjunction with Microsoft Excel. This statistical power solution from Palisade Asia-Pacific comprises of built in statistics with its own calculations. This flexible data analysis software tool functions similar to the Excel that is by utilising toolbars, menus as well as custom worksheet functions.
StatTools data analysis software designed by Palisade Asia-Pacific employs the usage of common statistical procedures that include descriptive statistics, normality tests, group comparisons, regression analysis, correlation, quality control, forecasts and several other methods. This software tool provides hot linked statistical calculations. The custom worksheet functions of this tool ensure that the displayed statistical reports are up to date with the current data. Data analysis of StatTools from Palisade Asia-Pacific is generated in the following manner incorporating statistical interference, sample size selection, confidence interval analysis, hypothesis tests, ANOVA, chi square independence tests, runs test for randomness, normality tests and many others.
NeuralTools data analysis software from Palisade Asia-Pacific offers forecasting as well as prediction facilities in Microsoft Excel. NeuralTools functions by understanding the data followed by the intake of inputs thereby making intelligent predictions.