New in Minitab 21.3, 21.2 & 21.1 What's New in Minitab 21 Flyer Download Flyer Short Overview of new features in Minitab 21.3 Interval Plot in Graph Builder Matrix Plot in Graph Builder Distribution fit added to existing Graph Builder Histogram New optional chargeable modules: Measurement System Analysis Sample Size Insurance KPIs Graph Builder In Minitab 21.3, both the interval and the matrix plot have been added to the Graph Builder. The interval plot is used to assess and compare confidence intervals of the means of groups. It is particularly suitable when the sample size is at least 10 per group. The matrix plot is an array of scatter plots and allows relationships between multiple pairs of variables to be examined simultaneously. A distribution fit was added to the histogram in Graph Builder. The new histogram fit is to add a model fit after the creation of a histogram in the Graph Builder. New optional chargeable modules On the optional ‘Solutions Modules’ menu, the new optional chargeable modules "Measurement System Analysis", "Sample Size" and "Insurance KPIs" have been added. Module Measurement System Analysis Minitab's Measurement System Analysis module provides guided data analysis to solve the most common measurement system analysis challenges. This allows you to focus on solving the problem without having to waste time deciding which analysis to use. Modul "Sample Size" Minitab's Sample Size module provides guidance on estimating the required sample size to ensure that the discriminatory power is sufficient for your purposes. Modul "Insurance KPIs" Designed specifically for insurance professionals, Minitab's Insurance Industry module provides guided data analysis to solve common insurance industry challenges. Users can focus on calculating, analyzing, and improving key performance indicators (KPIs) without having to think long and hard about the appropriate analysis: Claim settlement duration Revenue per policyholder Loss ratios Short Overview of new features in Minitab 21.2 Minitab Statistical Software 21.2 was released 29th and adds new features in the Time Series area of the Stat Menu and the Graph Builder tool. Stat Menu: Additions to "Time Series" area Forecast with Best ARIMA Model Augmented Dickey-Fuller Test Box-Cox Transformation Graph Menu: Additions to Graph Builder tool Line Plot Stacked Area Graph Pie Chart Short Overview of new features in Minitab 21.1 New Statistical Method: Cox Regression Graph Builder Enhancement: Interactive Probability Plot Enhanced Visualisations: Additional Graph Editing Predictive Analytics Module enhancement: Automated Machine Learning Healthcare Module enhancement: Localisation for all languages (Spanish, French, German, Portuguese, Japanese, Korean, Simplified Chinese) New Statistical Method: Cox Regression Cox regression is a method for investigating the effect of several variables upon the time a specified event takes to happen. The Cox Regression command is in the Reliability menu. Cox Regression is also known as Proportional Hazards Regression. Visualisations: Interactive Probability Plot added to the Graph Builder An interactive probability plot is now available in the Graph Builder. Select fits from 14 distributions. Enhanced Visualisations: Additional Graph Editing You can now add and customize text annotations like titles and axis labels, modify graph-specific scale and distribution types, and access certain display options like transposing axes for categorical graphs and other data representation options. Predictive Analytics Module: Automated Machine Learning It is common for researchers to try a few different machine learning models when evaluating their data. The new AutoML feature will evaluate the following models: Classification and Regression Trees TreeNet Random Forests Regression Minitab Statistical Software will pick the best model based on criteria and display the model fit. Users have the flexibility to easily select one of the other models. This feature is only available in the Predictive Analytics Module. Healthcare Module: Localisation The Healthcare module is now available in all Minitab supported languages. Localisation for all languages Spanish French German Portuguese Japanese Korean Simplified Chinese
