Ko-Kang Kevin Wang wrote:
It is not only used by statisticians or scientists,
but also econometricians and people in finance due to its cost (FREE)
and its powerfulness.
I think "(FREE)" will distract your intended audience from the real
point. In a corporate environment, lots of people argue that free
software actually costs more than commercial software because of
internal support cost, etc, etc. These arguments will all hinge
critically on the corporate IT support abilities. For R, I have never
seen a convincing argument that it costs more, but the real point is
that this is irrelevant. If it costs less, that is nice. If it costs
more, then that is what you pay to use something that is better. If they
need to, I think people in finance are generally willing to pay, so I
think it is a mistake to put much emphasis on the cost. Put the emphasis
on how good it is.
Paul Gilbert
Head Statistician/Statisticien en chef,
Department of Monetary and Financial Analysis,
/Département des Études monétaires et financiers,
Bank of Canada/Banque du Canada
234 Wellington St.,
Ottawa,
Canada K1A 0G9
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