(The ROI Alliance LLC: Longmont, CO) -- The ROI Alliance announces the release of ROIstat, a GUI-based app to make using applied statistics easy via the powerful R statistics programming language.

The value of using statistics in business cannot be overstated. Statistics are how people make decisions when they don’t know everything, which in business is pretty much all the time. Every manager needs to know at least the basics of statistics to make good decisions, and will frequently need to perform some straightforward analyses. Engineers and other technical resources use statistics to make a variety of recommendations.

Recently, however, The ROI Alliance has noticed an ongoing trend with their customers. Client companies are less willing to pay thousands of dollars for statistics software, asking why they should pay for something when there is a free and comprehensive alternative available. They are often referring to the R Project, a free and open source system for statistical computation. And make no mistake, R is the new standard software for statistics in higher education and is becoming so in industry.

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