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Release Archives | Decision Analyst Offers Free Choice-Modeling Software
For Immediate Release
January 23, 2012
Contact: Cristi Allen
callen@decisionanalyst.com
Phone: 817-640-6166
Decision Analyst Offers Free Choice-Modeling Software
Arlington, Texas—Decision Analyst (www.decisionanalyst.com) programmers
have developed an R-Language choice-modeling software package, called ChoiceModelR™.
It is comparable to the best commercial packages now on the market. ChoiceModelR™
is an analytics package (not a data collection system). A free copy can be downloaded
from the Decision Analyst website (www.decisionanalyst.com). The lead programmer
was Ryan Sermas.
“The program is ideal for large datasets with complex variables,”
said John Colias, Ph.D., who heads Advanced Analytics at Decision Analyst.
“This software replicates the functionality of the best commercial choice
modeling programs,” Colias said. “The program assumes that the choice
modeling experiment (the data collection phase) has been conducted and the data
are ready to analyze.”
The software includes:
- Dependent variable may be either discrete (nominal or ordinal) or share (continuous
between zero and one).
- Constraints may be imposed on model parameters.
- Number of choice observations per respondent may vary.
- Number of choice alternatives per observation is flexible.
“To run ChoiceModelR™, users must have a basic understanding of
choice modeling and the R language and must download the R language,” said
Colias. “Both ChoiceModelR™ and the R language are open source and
free.”
Further information may be obtained by contacting Colias at 817-640-6166 or
jcolias@decisionanalyst.com.
About Decision Analyst
Decision Analyst (www.decisionanalyst.com), based in Dallas-Fort Worth, is
a leading global marketing research and analytical consulting firm specializing
in market segmentation, strategy research, new product development, and advanced
modeling for marketing decision optimization. The 34-year-old firm delivers competitive
advantage to clients throughout the world in the CPG, technology, food, automotive,
healthcare, durable goods, and retail industries.
For additional information contact:
Cristi Allen
Publicity
Email: callen@decisionanalyst.com
Phone: 1-800-ANALYSIS (262-5974) or 1-817-640-6166
Address: 604 Avenue H East
Arlington, TX 76011
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