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E Views is actually referred to as the short form of an elaborate work. E views stand for Econometric View. It is indeed a software package which is also considered a statistical package. It can only be operating on a windows operating system it is application software. It is used all over the worldwide for the analysis of econometric statistics which is usually oriented to the series of time.
One of the features that are included in this software is the combination of spreadsheet and database technology. All of this combines with the general task of statistical programming software. Also, it further uses it in a graphical user interface as software in Windows. The whole of this process is further used as an import instruction to a programming language which further provides the output to be as an orientation towards an object.
One of the major tasks the software is able to perform is that it is able to analyze statistical data and it also helps in the analyzing of econometric data. It also holds the capability of forecast and estimation of the time series and panel data, along with the analysis of a cross-section of both the terms.
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Since this software is a lot in practice, almost all work paces use this. It is always a necessity and also an advantage if students have the knowledge of the user and practicality of this software both theoretically and otherwise. It helps them use this knowledge in the future while they go searching for jobs as most of the institutions ask the knowledge of this software as a compulsory criterion for employment.
Also, if you are well aware of this software, you can use it for yourself for managing your information.
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