Question: SPSS offers factor analysis, a technique that helps identify underlying factors in large datasets. This method is utilized in market research and psychology to identify

SPSS offers factor analysis, a technique that helps identify underlying factors in large datasets. This method is utilized in market research and psychology to identify patterns amongst variables. On the other hand, Excel lacks the built-in functionality for such analysis, requiring more manual a short response, work or external add-ins. Additionally, SPSS includes survival analysis, essential in healthcare and clinical research for analyzing time-to-event data, such as patient survival or product failure rates (Wagner & Gillespie, 2019)

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