ODER: Wie erstelle ich ein Edge Analytics Case auf Basis von SAS ESP, SAS Streamviewer und eines Modelltrucks? Im ersten Teil wurde die praxisnahe Demonstration von SAS Streaming Analytics anhand eines Modelltrucks beschrieben. Für den Aufbau eines funktionsfähigen Modells, das mit einer Fernbedienung in Bewegung gesetzt werden kann, werden folgende
When you implement a statistical algorithm in a vector-matrix language such as SAS/IML, R, or MATLAB, you should measure the performance of your implementation, which means that you should time how long a program takes to analyze data of varying sizes and characteristics. There are some general tips that can
A classical problem in elementary probability asks for the expected lengths of line segments that result from randomly selecting k points along a segment of unit length. It is both fun and instructive to simulate such problems. This article uses simulation in the SAS/IML language to estimate solutions to the
For a time series { y1, y2, ..., yN }, the difference operator computes the difference between two observations. The kth-order difference is the series { yk+1 - y1, ..., yN - yN-k }. In SAS, the DIF function in the DATA step computes differences between observations. The DIF function
Am 20. Juni trafen sich in Wien 30 Vertreter von Banken, um neue Herausforderungen an Infrastrukturen von Banken zu diskutieren. Dr. Thomas Moosbrucker, Deloitte Deutschland, beleuchtete in dem ersten Vortrag die Herausforderungen von TRIM (Target Review of Internal Models). Seiner Meinung nach wird uns TRIM, welches das Vertrauen in die
Everyone is talking about artificial intelligence (AI). In fact, many SAS customers who've been using our analytics capabilities for years or even decades are asking: What can we do with AI? What exactly is AI from a software perspective? How can we infuse cognitive computing into our customer interactions and on the customer
For colleges and universities, awarding financial aid today requires sophisticated analysis. When higher education leaders ask, “How can we use financial aid to help meet our institutional goals?” they need to consider many scenarios to balance strategic enrollment goals, student need, and institutional finances in order to optimize yield and
Suppose you roll six identical six-sided dice. Chance are that you will see at least one repeated number. The probability that you will see six unique numbers is very small: only 6! / 6^6 ≈ 0.015. This example can be generalized. If you draw a random sample with replacement from
Die accantec group ist Sponsor des SAS Forums in Bonn am 29. Juni 2017. Im heutigen Gastinterview mit der Union - IT Services stellt accantec ein Instrument zur Risikoquantifizierung für Immobilienfonds vor. Das Gespräch führte Mirjam Hartmann von der accantec group mit Jörg Follmann von der Union IT-Services. Weitere Informationen zu
If you toss a coin 28 times, you would not be surprised to see three heads in a row, such as ...THHHTH.... But what about eight heads in a row? Would a sequence such as THHHHHHHHTH... be a rare event? This question popped into my head last weekend as I
Most purchases are driven by our emotions as the consumer's emotional experience is crucial in buying choices. And so we decided to exert the powerful SAS algorithms on a dashboard born in the beginning as a simulation of a remote control system in the healthcare field for home-based patients. The
A SAS customer asked how to simulate data from a three-parameter lognormal distribution as specified in the PROC UNIVARIATE documentation. In particular, he wanted to incorporate a threshold parameter into the simulation. Simulating lognormal data is easy if you remember an important fact: if X is lognormally distributed, then Y=log(X)
Many intervals in statistics have the form p ± δ, where p is a point estimate and δ is the radius (or half-width) of the interval. (For example, many two-sided confidence intervals have this form, where δ is proportional to the standard error.) Many years ago I wrote an article
The widespread adoption of the term "analytics" reminds me of the evolution of the term "supply chain management." Initially the term focused on supply chain planning. It involved demand and supply balancing and the heuristics and optimization tools that came out of advanced planning and scheduling. Over time practically everything was included
The 2017 edition of SAS Global Forum, the largest annual SAS user group meeting, will be held at the Swan and Dolphin Resort in Orlando, Florida on April 2-5. Among the many analytic talks at SAS Global Forum 2017, several focus on operations research topics like optimization and simulation. If
Monte Carlo techniques have many applications, but a primary application is to approximate the probability that some event occurs. The idea is to simulate data from the population and count the proportion of times that the event occurs in the simulated data. For continuous univariate distributions, the probability of an
A categorical response variable can take on k different values. If you have a random sample from a multinomial response, the sample proportions estimate the proportion of each category in the population. This article describes how to construct simultaneous confidence intervals for the proportions as described in the 1997 paper
A common question on SAS discussion forums is how to repeat an analysis multiple times. Most programmers know that the most efficient way to analyze one model across many subsets of the data (perhaps each country or each state) is to sort the data and use a BY statement to
In a previous article, I showed how to simulate data for a linear regression model with an arbitrary number of continuous explanatory variables. To keep the discussion simple, I simulated a single sample with N observations and p variables. However, to use Monte Carlo methods to approximate the sampling distribution
Die Zeit der Jahresrückblicke ist vorbei, endlich können wir unseren Blick wieder nach vorne richten. Seit einigen Wochen werden nämlich auf sämtlichen Portalen und Plattformen alle möglichen Prognosen für das Jahr 2017 ausgetauscht. So auch für Trends im Internet of Things (IoT). Ich lese da, ehrlich gesagt, meist nur mit
This article shows how to simulate a data set in SAS that satisfies a least squares regression model for continuous variables. When you simulate to create "synthetic" (or "fake") data, you (the programmer) control the true parameter values, the form of the model, the sample size, and magnitude of the
Seit der Finanzkrise hat das Risikomanagement in Banken an Bedeutung zugenommen und damit auch die Notwendigkeit der Digitalisierung. Neben eigenen Initiativen, forderte aber auch die Regulation ein nachhaltiges Risikomanagement in den Geschäftsprozessen stärker zu verankern. Nach den ersten direkten in Basel III mündenden Vorgaben zu Eigenkapitalanforderungen und Liquiditätsmanagement, hatte die
The holiday season is over – and you survived. You’ve made a lot of personal resolutions for 2017 - go to the gym, eat less sugar, save more money, visit Grandma more often. These are all great personal resolutions for 2017, but what about your analytics resolutions? If you are
Last week I wrote about the 10 most popular articles from The DO Loop in 2016. The popular articles tend to be about elementary topics that appeal to a wide range of SAS programmers. Today I present an "editor's choice" list of technical articles that describe more advanced statistical methods
How can you generate data that contains outliers in a simulation study? The contaminated normal distribution is a simple but useful distribution you can use to simulate outliers. The distribution is easy to explain and understand, and it is also easy to implement in SAS. What is a contaminated normal
Imagine making $50K a day out of thin air. Did you know that NASDAQ routinely processes around 10,000,000 trades a day? What if instead of rounding cents for each transaction, market makers truncated fractions of cents in the amount they owe you? Under the assumption that each transaction, on average,
IDV (Individuelle Datenverarbeitung) ist ein Thema, das in den Banken als Teil von BCBS 239 seit Langem kritisch diskutiert wird. Ruppert Jaeschke betreut und berät seit fast 15 Jahren zahlreiche deutsche Banken im Umfeld Business Intelligence und SAS. Er hat eine klare Meinung zu diesem regulatorischen Thema. Frage: Welche Schmerzen
The 2016 INFORMS Annual Meeting will be held at the Music City Center and Omni Nashville Hotel in downtown Nashville, TN on November 13-16, with pre-conference events starting on Saturday, November 12. SAS will be a major participant in this conference. Over two dozen people from SAS will attend, with
Being an Eagle Scout, the data for good movement caught my attention. I wondered if I could apply my computer skills in a way that might help. How about showing people better ways to visualize HIV/AIDS data - that might help doctors better understand the data, and therefore better treat
In a previous blog article, Risk Data Aggregation and Reporting – Why now more than ever? – Part 1, I have discussed the requirements of the paper of the Basel Committee numbered 239 and one of the reasons the execution or application of the principles discussed therein is important for
