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In this video, we will explore the top five open-source statistical software tools that can be used for free. Statistical analysis software is capable of integrating, interpreting, and analyzing large amounts of data in a statistical framework. Various statistical inferences can be made using different statistical methods, such as correlational analysis (Pearson, Spearman, Chi-square), comparing means (t-tests, ANOVA), regression analysis (simple, multiple), and non-parametric analysis (Wilcoxon rank-sum).