Using this specialized scientific software users can create and process latent variable models. There is support for IPMA and complex bootstrapping routines.
SmartPLS
SmartPLS is a Windows program oriented toward scientists and students. It allows you to use various statistical algorithms for calculating latent variable models. Detailed operational reports can be exported to XLS or HTML files for troubleshooting potential issues. Please note that the free version of this utility will expire 30 days after activating the trial license.
Supported algorithms and techniques
Users can perform nonparametric procedures like bootstrapping for testing the statistical significance of various PLS-SEM results like path coefficients and HTMT values. Instruments for data blindfolding are provided as well.
It is possible to apply logistic regression, mediation and moderation algorithms to the project. You are able to identify all nonlinear relationships between individual database elements. Additionally, there are tools for analyzing paths and predicting permutations.
Resulting statistical models can be saved to the hard drive for further analysis in Mathcad or another similar utility.
General preferences
The Settings menu allows users to allocate more memory to the application for performing complex calculations. Flexible localization parameters are included as well.
Features
- free to download and use;
- offers you instruments for processing large statistical models;
- supports a wide variety of optimization algorithms;
- users can access operational logs to troubleshoot technical errors;
- compatible with modern versions of Windows.