Are you interested in knowing the comparison between Minitab vs Excel? Would you like to know the key difference that no one will tell you about Minitab vs Excel? If yes, then you are at the right place. Minitab vs Excel is always a big concern among statistics students. Before going deeper, Let’s start with a short introduction to each of these terms.
Introduction to Minitab
Table of Contents
Minitab is a statistical software that allows users to concentrate on data analysis and interpretation. It automates the calculations and creates graphs. It was designed to assist students and include all tools and resources.
It is a powerful and simple way to access, manipulate, and retrieve answers to problems. It is a powerful tool that can be used by small, medium, and large companies. This tool is only for Six Sigma specialists.
Introduction to Excel
Excel is a Microsoft spreadsheet program and a part of the Office product group for business apps. Microsoft Excel allows users to organize, calculate and format data in a spreadsheet.
Data analysts and other users can organize data using Excel to make it easier to see as data is added or modified. Excel has many boxes, called cells. These boxes are arranged in columns and rows. These cells are used to store data.
Excel is part of Microsoft Office and Office 365 suites. It is compatible with other Office applications. This spreadsheet software is available on Windows, macOS and Android as well as iOS platforms.
Minitab vs Excel : The Key Differences
Excel is a type of spreadsheet program that has existed for many years. Minitab, is a program that is newer one as compared to excel, and Minitab is rapidly growing in popularity. Each program has its strengths and weaknesses. However, there are important differences.
These are the key differences between Minitab and Excel
- Excel is primarily used for number crunching, while Minitab can be used to perform statistical analysis. It means that excel is good one for the tasks like the financial modeling, whereas Minitab is good one for the jobs like analyzing data sets.
- Minitab is more difficult to use and learn than Excel. Minitab is designed for the statisticians and other data specialists whereas excel is designed for the general users.
- Excel can be used on both Windows and Mac. However, Minitab is available only for Windows and it is because Minitab is developed by a third-party, but Excel is a Microsoft product.
- Minitab was specifically designed to perform statistical analysis. However, Excel is a general-purpose spreadsheet software.
- As compared to Excel, Minitab offers more options and features for statistical analysis.
- Minitab is more costly one than Excel.
- Excel is more popular than Minitab. However, Minitab is becoming more popular in certain industries.
Comparison In Between Minitab vs Excel
To compare Minitab vs Excel, there are certain parameters that we need to consider to give a clearer picture to the users. These parameters are based upon utility, functionality, basic design, and so forth.
Utility
Minitab is often used for data analysis tasks. Minitab can perform simple and complex regression statistics operations. Excel is an entry-level Microsoft tool that allows data entry, management, analysis and accounting. Excel is very easy to use and can perform a variety of operations.
Language Base
Minitab’s main support system is the FORTRAN programming languages. For numerical operations, the FORTRAN programming language has been specifically designed.
In contrast, Visual Basic for Application (VBA) is the language that’s used to create Excel designs. VBA is a Microsoft programming language and for Microsoft, it designs the statistical tool.
Ease of Operation
Excel is a simpler and more intuitive data-operating tool. Excel allows you to work with simpler data sets and simpler commands, which gives you more flexibility.
Excel allows you to organize data before performing operations. However, Minitab is able to efficiently complete specific tasks.
It offers a unique set of features that allows you to analyze statistical data and draw informed conclusions. SPSS is more powerful than Minitab when compared to the other software packages.
Efficiency
Minitab is a powerful tool for statistical analysis and mainly it is designed for data analysis. Minitab can also create visually appealing charts and graphs. Excel can be used for very basic operations.
It allows for greater efficiency in the management of day-to-day operations with high precision. This management of data doesn’t require much analysis and it’s a simple matter of organization and tabulation.
Support Base
Software’s effectiveness and relevance are reflected in the level of community support. Any software thrives in communities is popular one due to the support of community. Excel is supported by many communities.
It is used by all organizations, large and small. This is why excel is preferred and adored by data managers around the world.
Highlights
Excel’s key features include data entry, analysis, and data management. This program allows you to perform analytical operations on these data. These operations include the calculation of average, sum and difference, Z score, standard deviation,and others.
On the other side, Minitab offers a variety of utilities, including data analysis, transformation work and forecasting future modules. It’s very easy to use and quite satisfying.
Platform Compatibility
Minitab can be used on web apps and windows platforms, while Excel is compatible with MAC OS and Windows. Users can easily switch between the platforms by using the compatibility.
Orientation
Windows design Excel for data management. It allows for efficient and effective collection of statistical data in tabulated format. Minitab’s base is its analysis. It is able to create graphs and figures as well as extract information from large data sets.
Minitab vs Excel : Jobs
| Minitab Jobs | Excel Jobs |
Conclusion (Minitab vs Excel)
In this blog, we have discussed the key differences of Minitab vs Excel. Hopefully, after reading this blog, you have got enough knowledge about the Minitab vs Excel. But if you face any problem anywhere, then you can ask us for Minitab assignment help. And feel free to contact us anytime. We are always ready to help you.
FAQ’s Related To Minitab vs Excel
Can I use Excel instead of Minitab?
Yes, you can use excel instead of Minitab. For statistical analysis, there are some free Microsoft excel alternatives to Minitab are available.
Is Minitab used in industry?
Minitab has become one of the leading statistical software for improvement of quality, since it was created in 1972. And, it is used in every industry that uses data analysis and statistics for making their products and processes better.
