EViews
EViews provides sophisticated data analysis, regression, and forecasting tools within an object-oriented interface designed for economists, financial analysts, and researchers needing professional statistical modeling capabilities.
QI Macros
QI Macros is an Excel add-in that provides automated Lean Six Sigma tools, including control charts, histograms, and statistical analysis templates to help you analyze data and improve processes.
Quick Comparison
| Feature | EViews | QI Macros |
|---|---|---|
| Website | eviews.com | qimacros.com |
| Pricing Model | One_time | One_time |
| Starting Price | $99/month | $99/month |
| FREE Trial | ✓ 30 days free trial | ✓ 30 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1994 | 1992 |
| Headquarters | Irvine, USA | Denver, USA |
Overview
EViews
EViews offers a powerful interface for econometric analysis, forecasting, and simulation. You can manage your data, perform statistical analysis, and generate professional-quality graphs and tables within a single, integrated environment. The software is designed around an object-oriented concept, meaning you can work with data series, equations, and models as distinct entities that update automatically when your underlying data changes.
You can handle complex time-series data, panel data, and cross-sectional data with ease. Whether you are a student, an academic researcher, or a professional in the financial sector, you can use its specialized tools to build sophisticated models without needing to write extensive code. It bridges the gap between spreadsheet-like ease of use and the power of traditional programming languages.
QI Macros
QI Macros is a powerful add-in that transforms your existing Excel setup into a full-featured statistical analysis engine. You can perform complex Lean Six Sigma calculations and create professional-grade charts without ever leaving the spreadsheet environment you already know. It eliminates the steep learning curve of standalone statistical packages by integrating directly into your Excel ribbon, making data-driven decision-making accessible to everyone on your team.
You can automate the creation of Pareto charts, control charts, and histograms with just a few clicks. The software even includes a 'Wizards' feature that looks at your data and selects the right chart for you automatically. Whether you are a healthcare professional tracking patient outcomes or a manufacturer monitoring production quality, you can solve complex problems and identify process variations quickly and accurately.
Overview
EViews Features
- Object-Oriented Interface Manage your data as dynamic objects that automatically update your results and graphs whenever you change the source information.
- Advanced Time-Series Tools Estimate complex models including ARIMA, GARCH, and VAR to identify trends and volatility in your financial or economic data.
- Automated Forecasting Generate reliable forecasts using built-in procedures that select the best models for your specific data patterns automatically.
- Professional Graphing Create presentation-quality charts and tables with deep customization options to visualize your findings for reports or publications.
- Panel Data Analysis Analyze datasets that combine cross-sections and time periods using specialized estimators for fixed and random effects.
- External Data Linking Connect directly to external databases like Bloomberg, FRED, or Excel to keep your analysis synced with live market data.
QI Macros Features
- Control Chart Wizard. Select your data and let the wizard automatically choose and create the correct control chart for your specific data type.
- Automated Histograms. Generate detailed histograms with capability analysis, including Cp and Cpk values, to measure how well your process meets specifications.
- Lean Six Sigma Templates. Access over 100 fill-in-the-blank templates for FMEA, Fishbone diagrams, and Value Stream Mapping to organize your improvement projects.
- Data Transformation Tools. Clean and restructure your data instantly with tools that stack, unstack, and aggregate rows to prepare for analysis.
- Statistical Test Tools. Run ANOVA, t-tests, and Chi-squared tests through a simple interface that interprets the results in plain English for you.
- Pareto Chart Creator. Identify the 'vital few' problems in your process by creating automated Pareto charts that summarize your most frequent issues.
Pricing Comparison
EViews Pricing
- Discounted for students and faculty
- Full econometrics toolset
- Standard data handling limits
- Available for Windows and Mac
- Valid for one year
- Perpetual ownership license
- Full statistical and graphing suite
- Unlimited data series capacity
- Access to EViews programming language
- Standard technical support
QI Macros Pricing
- One-time permanent license
- Works with Excel 2013-2021 and Office 365
- All 100+ templates included
- Automated Chart Wizards
- Free technical support
- No monthly or annual fees
- Everything in Single User, plus:
- Discounted per-user pricing
- Simplified license management
- Volume purchase savings
- Consistent tools across your team
- Standardized reporting formats
Pros & Cons
EViews
Pros
- Intuitive interface for those moving from Excel
- Industry standard for time-series and econometric modeling
- Excellent documentation and active community support forums
- Fast processing of large statistical datasets
- High-quality output for academic journal submissions
Cons
- Steep price point for individual commercial users
- Mac version can feel less native than Windows
- Limited machine learning capabilities compared to R
QI Macros
Pros
- No monthly subscription fees provide excellent long-term value
- Integrates directly into Excel for a familiar user experience
- Wizards automatically select the correct charts for your data
- Technical support is responsive and very helpful with setup
- Statistical results are explained in easy-to-understand language
Cons
- Interface looks a bit dated compared to modern SaaS
- Requires a local installation of Microsoft Excel to function
- Mac version has fewer features than the Windows version