It might be bit much. While econometrics, time series, and such can be done easily. Above that level, you are going to have to do scripting, which scares many MBA students. I have the same problem if I use R. However, to do useful work, your students are going to have to use some statistical program that requires scripting. Think those who use SAS procs versus those who use SPSS. Excel as an alternative is a problem, since the inaccuracies for statistics are all documented.
I use Gretl in my MBA managerial economics course: econometrics and time series mostly. I am using R more and more though.
If you search back through the posts on this forum, you will find some that say that gretl is working toward the functionality of R.
Remember that SAS, Gretl, and R are more accurate than "easy-to-use" Excel.
Have fun.
Hello all,
I am considering using Gretl for a Statistics class I teach in an executive MBA program. I am think about this because (i) Gretl is free for students to use, and (ii) it does not require admin rights to install. Point (ii) is the most important. My consern is that while Gretl is great for econometrics, it might require too much techinical skill for an MBA program. Does anyone have any thought and/or suggestions?
Thanks,
Logan
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