MATLAB IS A SOFTWARE PACKAGE USED TO SUPPLEMENT OTHER SOFTWARE PACKAGES SUPPORTING STATISTICS AND ECONOMETR…

Public award description

MATLAB IS A SOFTWARE PACKAGE USED TO SUPPLEMENT OTHER SOFTWARE PACKAGES SUPPORTING STATISTICS AND ECONOMETRICS WORK PERFORMED IN THE OFFICE. WITHIN NCEE, SEVERAL STAFF ONLY USE MATLAB, AND ARE NOT USERS OF OTHER PROGRAMMING-ORIENTED PACKAGES LIKE STATA OR SAS. OTHER STAFF USE BOTH MATLAB AND STATA FOR SEPARATE PURPOSES. IN THE DISCIPLINE OF ENVIRONMENTAL AND RESOURCE ECONOMICS, MATLAB IS REGULARLY USED FOR RECREATION DEMAND MODELS (SUCH AS RANDOM UTILITY MODELS), CLIMATE MODELS, AND SPATIAL ECONOMETRICS, WHEREAS THE OTHER STATISTICAL PACKAGES HAVE LIMITED SUPPORT FOR THOSE APPLICATIONS. DESCRIPTION OF MATLAB FROM ITS WEBSITE: MATLAB IS THE HIGH-LEVEL LANGUAGE AND INTERACTIVE ENVIRONMENT USED BY MILLIONS OF ENGINEERS AND SCIENTISTS WORLDWIDE. IT LETS YOU EXPLORE AND VISUALIZE IDEAS AND COLLABORATE ACROSS DISCIPLINES INCLUDING SIGNAL AND IMAGE PROCESSING, COMMUNICATIONS, CONTROL SYSTEMS, AND COMPUTATIONAL FINANCE. YOU CAN USE MATLAB IN PROJECTS SUCH AS MODELING ENERGY CONSUMPTION TO BUILD SMART POWER GRIDS, DEVELOPING CONTROL ALGORITHMS FOR HYPERSONIC VEHICLES, ANALYZING WEATHER DATA TO VISUALIZE THE TRACK AND INTENSITY OF HURRICANES, AND RUNNING MILLIONS OF SIMULATIONS TO PINPOINT OPTIMAL DOSING FOR ANTIBIOTICS.