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• Stata is proficient to open one dataset at one time. Though the whole dataset is located in the memory and this limits its usage with very large datasets. However, the issue gets solved through very efficient internal storage. Moreover, there are integer storage types that can accommodate only one or two bytes instead of four. Along with single-precision (4 bytes) instead of double-precision (8 bytes).
• A lot of licenses offer Stata for students as well as professional use. fortunately, if you are short of budget, even then you can avail small version for small datasets.
• The format of the dataset is rectangular in shape. To clarify, all variables possess a similar number of observations.

Cost of Stata software:

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  • Stata/MP2 core costs $170.00/year to a concurrent user
  • MP4core costs $300.00/year to a concurrent user
  • Stata/MP8 core costs $430.00/year to a concurrent user
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