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What is Power and Precision?

Power and Precision is a standalone software application crafted for performing statistical power analysis, enabling researchers to identify the optimal sample size for their upcoming studies. Its user-friendly design facilitates access to a wide array of resources that help clarify the intricacies of power analysis. Users can easily create tables, graphs, and comprehensive reports with a simple click. An interactive tutorial guides users through each step of the power analysis procedure. The software boasts a flexible toolkit that helps users visualize effect sizes and understand the interplay between alpha, effect size, and sample size. The reports produced are not only informative but can also be utilized in the statistical sections of research proposals or grant submissions. Moreover, integrating the visual outputs into presentations or funding applications can effectively reinforce the justification for the selected sample size. This thorough methodology ensures that users can articulate their findings in a clear and persuasive manner while enhancing the overall quality of their research documentation. Ultimately, Power and Precision empowers researchers to make well-informed decisions for their projects.

What is Analytica?

BI tools offer stunning dashboards and reports that enable users to identify trends within historical data, which can yield valuable insights but lacks prescriptive capabilities. To truly understand potential outcomes in atypical scenarios and how to navigate them, model-driven decision-making becomes essential. Analytica stands out as a cutting-edge visual software platform that facilitates the creation, exploration, and sharing of quantitative decision models that yield prescriptive outcomes. It allows users to move beyond the limitations of traditional spreadsheets. The remarkable flexibility, power, and clarity of Analytica are transformative. With Analytica, building transparent models is significantly faster compared to using procedural programming languages like R or Python. It focuses on providing insights that extend beyond mere numerical data. By employing agile modeling techniques, businesses can develop models that enhance their decision-making processes. Additionally, probabilistic simulations within Analytica effectively and accurately gauge risk and uncertainty, while intelligent sensitivity analysis highlights the critical factors and their significance. Ultimately, this software empowers organizations to make informed decisions with confidence.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$595 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Biostat

Company Website

www.power-analysis.com

Company Facts

Organization Name

Lumina Decision Systems

Date Founded

1991

Company Location

United States

Company Website

analytica.com

Categories and Features

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

Categories and Features

Decision Support

Application Development
Budgeting & Forecasting
Data Analysis
Decision Tree Analysis
Monte Carlo Simulation
Performance Metrics
Rules-Based Workflow
Sensitivity Analysis
Thematic Mapping
Version Control

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Statistical Analysis

Analytics
Association Discovery
Compliance Tracking
File Management
File Storage
Forecasting
Multivariate Analysis
Regression Analysis
Statistical Process Control
Statistical Simulation
Survival Analysis
Time Series
Visualization

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