I am sure that you are aware of the fact that Stata is one of the most flexible and powerful statistical software. The name stands for Statistical Time-Series Analysis. It is used for data analysis, estimation, hypothesis testing, forecasting and many more for academic life. Stata 14 free download has been available since February 2018 after its official release on March 26th 2018. This new version boasts of several significant changes like improved macro programming interface, interactive metadata creation feature along with more functions than previous versions’ combined capabilities including reading external datasets in TXT or PDF formats without creation of any new macros/scripts required which would save time and effort usually required to create these files before inclusion into Stata work environment. The last updated 14th version of Stata is made available to the public after an extensive testing phase. Stata developers put in a great amount of effort to test each and every function on its own for each Stata release. They have admitted that it would be impossible to test everything on its own so they have concentrated all their efforts to fix bugs related with interaction between functions. These interactions usually occur when multiple functions are used at the same time. The new version has been tested thoroughly and fixes all such problems by introducing many new updates and better compatibility with old versions working environments like Windows Vista, Windows 7, 8 and 10 (both 32-bit and 64-bit versions). Stata comes as a standard installation on SUN workstations. It is also available for Linux (CentOS, Debian, Ubuntu) operating systems with some special product versions like Stata/MP available for running it on multi-processor systems. It is provided by many universities worldwide due to its academic importance. These versions are mainly different in terms of licensing and pricing ranges generally start from $200 (domestic) to $1000 (international). The newest version is called Stata 14 free download which is available for free after paying some nominal fee of $150 (early bird discount) with no additional cost if you’re an existing user. However, you can transfer from one version to another for free under the terms and conditions of their licenses. Stata program is a multidimensional data analysis tool. It consists of a number of windows which are used to perform different tasks like creating a new dataset, editing existing datasets, calculating a variety of statistics and producing various reports for various applications. When user starts working on any project he/she clicks on ‘Open’ button available in the toolbar or press enter key to open a new window. In this new window either an existing dataset or one that is being created by the user is displayed in tabular form with all its columns visible. It also displays all the values stored for each variable along with their respective units. Differently from other programming languages Stata uses the tabular format to handle datasets which makes it very easy for the user to perform various types of tasks like creating new variables, creating new observations or reading variables directly from existing datasets. For example, Stata variable XLIBREF is actually an XML file with records separated by commas. This file can be used as an input dataset for Stata programs. Stata has its own syntax which is different form most programming languages like C, Java or even Pascal.
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