Side by side
IDCeMPy vs NumXL
Both stand on statistical analysis software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Free plan
IDCeMPy offers specialized inflated-choice models alongside standard alternatives and model diagnostics. Correlated-error specifications may require considerably more runtime, so model choice should account for that cost.
Visit IDCeMPy Free trial APISelf-hostedWindows
NumXL adds substantial time-series and econometric capabilities to Excel while preserving spreadsheet-linked results. Windows requirements and paid licensing are the main considerations, with a 14-day full-featured trial available.
Visit NumXLThe facts
| IDCeMPy | NumXL | |
|---|---|---|
| Free plan | Yes | A free trial |
| Open source | Not published | Not published |
| Runs on | Not published | API, Self-hosted, Windows |
| Lowest paid plan | Not published | Academic/Government/Non-profit Annual (Subscription): $187 a year |
| Plans published | None | 13 |
| Maker | Not published | NumXL |
| Website | idcempy.readthedocs.io | numxl.com |
| On statistical analysis software | #78 of 106 | #82 of 106 |
IDCeMPy: what it does well
- Free Python package
- Several inflated model families
- AIC, likelihood, and Vuong diagnostics
- CSV, Stata, and DataFrame inputs
- Predictions and marginal effects
What to know first
- Correlated-error models run substantially longer
- Runtime depends on observations and covariates
- Examples use additional Python packages
NumXL: what it does well
- Broad time-series and econometric functions
- Keeps calculations connected inside Excel
- No programming required for the add-in
- SDK supports C/C++, VBA, and .NET
- 14-day trial includes full features
What to know first
- Does not run directly on Mac
- Requires Windows 8 or 10 and Excel 2010 or later
- No free plan is offered
- Commercial monthly subscription costs $25 a month
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