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Lumivero - StatTools Statistics and Forecasting Tool Set

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Leverage your data to perform forecasting and statistical analysis in Microsoft Excel with StatTools. Our advanced tool replaces Excel’s built-in statistics functions with its own to provide you with more robust and accurate functions.
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StatTools covers commonly used statistical procedures, and offers the capability to add new, custom analyses to Microsoft Excel. The accuracy of Excel’s built-in statistics calculations has often been questioned, so StatTools doesn’t use them. All StatTools functions are true Excel functions, and behave exactly as native Excel functions do. Over 30 wide-ranging statistical procedures plus 9 built-in data utilities include forecasts, time series, descriptive statistics, normality tests, group comparisons, correlation, regression analysis, quality control, nonparametric tests, and more.

First, define your data in StatTools. Then, perform any of over 30 different types of analysis on your data set, depending on your situation. StatTools provides a comprehensive and intuitive data set and variable manager right in Excel. Data sets and variables can reside in different workbooks, allowing you to organize your data as you see fit. Run statistical analyses that refer to your variables, instead of re-selecting your data over and over again in Excel. Plus, you can define variables that span multiple worksheets. Once your data sets have been defined, choose a procedure from the StatTools menu or write your own, custom procedure.

  • Works with Microsoft Excel
  • Statistics calculations update automatically between dataset and reports
  • View multiple scatter plots between variables in a single report
  • A comprehensive and intuitive data set and variable manager
  • Goes beyond the basics provided by Excel

NeuralTools has a multitude of applications, including:

  • Demand & Load Forecasting

Forecast demand or products or services, or load on machinery or personnel, using advanced statistical methods.

  • Cost Estimation

Get an accurate, data-based forecast of materials and labor costs throughout the entire project.

  • Engineering Reliability

Gain insight into confidence levels around the risk of equipment failure or safety violations using statistical quality analyses.

  • Investment Planning & Portfolio Optimization

Forecast performance of portfolio assets (such as stocks, bonds, real estate, or projects) based on historical data.

  • Commodity Price Forecasting

Understand future commodities pricing based on historical market data and statistical methods in order to make decisions in oil and gas exploration, construction, and other areas.