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In Part 1, Udo provided SAS code to replicate the example in Hyndman's blog. Below, he shows the results of out-of-sample testing, and draws some conclusions on the computational efficiency of this approach. Out-of-sample Testing In addition to the example shared by Hyndman, out-of-sample data was used to illustrate the final performance
In this guest blogger post, Udo Sglavo of the Advanced Analytics Division of SAS shows how to conduct time series cross-validation using SAS Forecast Server. Udo replicates the example from Rob J Hyndman's Research Tips blog. Replicating the Example In order to replicate the example in Hyndman's blog, the example
It's been a well-known limitation for a long time. When you connect to a SAS session using SAS Enterprise Guide, shell commands (including X command, SYSTASK, and FILENAME PIPE) are off-limits because the default SAS invocation disables them. It does this by including -NOXCMD as a command-line option. This makes
I jotted down the following fact from a session yesterday at the Disney Analytics & Optimization Summit: Organizations that invest in analytics perform better in the market. That's quite an assertion. Tweetable for sure. But it was a late-afternoon presentation and I was hungry for supper. So I forgot about
Hurricane Irene impacted 20% of the US population and will cost billions in recovery dollars. Now that the water has begun to subside, the real long term work begins. And it is this work that can be another disaster, or, a real economic benefit to a state. How so? FEMA
The hurricane didn't get me, but Monday night's thunderstorm sure played a dirty trick. After leaving my car windows cracked open over night, I drove to work Tuesday morning feeling a little soggier by the minute. Upon arrival at SAS, I was aghast to find the seat of my pants was soaked
Do you need help communicating more effectively with an international audience? Whether you blog, edit newsletters or technical material, tweet, or send internal notes to global colleagues, this week's SAS author's tip is likely to be of great assistance. SAS Press author John Kohl is an amazing linguistic engineer, technical writer, and technical editor
Emails – it’s hard to imagine that there used to be a time people worked without them – at least in our industry. When I started at SAS in 1996 the amount of business email I received on a particular day was almost less than the amount of spam mails
Biked to the train station this morning…felt the wind, watched trees waving in the breeze…flew past Highway 403 with trucks whizzing by…felt noble about being environmentally conscious…took the side path to the station…slowed to a halt beside the bike parking lot…opened my backpack to take out the key to lock
August was a busy month for our SAS Text Analytics team, but I was very pleased to get the invite to attend this year’s CIO 100 Conference hosted by Maryfran Johnson, Editor-in-Chief of CIO Magazine. As Master of Ceremonies, she inspired lively discussions and shared insights on IT leadership, technology
I recently attended the Medicaid Management Information System (MMIS) Conference in Austin, Texas. The MMIS conference is an annual event for federal and state HHS agencies to share programmatic and technology initiatives in Medicaid and Children’s Health Insurance Programs (CHIP). While I have attended numerous MMIS conferences in the past, I
Dr. Yachen Lin, Chief Risk Officer of China Guangfa Bank Credit Card Center (CGB), was interviewed while at the 2011 Premier Business Leadership Series in Singapore. He discussed the analytics culture at CGB - explaining how CGB uses analytics to know its customers and manage risk. There are only 14
You’ve gotten to know Stacey Hamilton; now it’s time to learn more about SAS Press acquisitions editor John West! John West typically works on programming and statistics titles and has been with SAS Publishing for 22 years: He started at SAS as a proofreader, then moved into technical editing where
While talking to SAS users in Australia earlier this month, I often demonstrated the capabilities of the new Map Chart task in SAS Enterprise Guide 4.3. Creating map charts has never been easier: select your map data source, then select your response data source, and click Run. Voila! You've got
Nobody wants to rub people the wrong way. We've all done it, even if word never got back to us that it happened. Having ample first-hand experience with this, I deeply appreciated the opening keynote by MIT's Michael Schrage at the 2011 Disney Analytics & Optimization Summit. Schrage, research fellow