For the fifteenth year, the International Institute of Forecasters, in collaboration with SAS®, is proud to announce research grants for how to improve forecasting methods and business forecasting practice. The award for the 2017-2018 year will be two $5,000 grants, in Business Applications and Methodology. Criteria for the award of
Two of my colleagues have shared their experiences as a statistic and a child who could have been left behind. I too have my own story that helped drive my passion. All of us define equity in different ways. Equity is a concept that is hard to define, and we
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
In an IoT world, everything is connected. But what does it mean to be connected? Does it mean being plugged in to your phone, car, home, TV, favorite apps and retailers? Does it mean knowing what’s happening all around you? And having the “things” you’re connected to acting as recommender
When building models, data scientists and statisticians often talk about penalty, regularization and shrinkage. What do these terms mean and why are they important? According to Wikipedia, regularization "refers to a process of introducing additional information in order to solve an ill-posed problem or to prevent overfitting. This information usually
Helmut Plinke explains why modernizing your data management is essential to supporting your analytics platform.
A SAS customer asked how to use SAS to conduct a Z test for the equality of two proportions. He was directed to the SAS Usage Note "Testing the equality of two or more proportions from independent samples." The note says to "specify the CHISQ option in the TABLES statement
최근 금융, 통신, 자동차, 공공, 리테일, 교육 등 모든 산업을 관통하고 있는 한 단어가 있습니다. 바로 4차 산업혁명인데요. 빅데이터, 사물인터넷(IoT), 인공지능(머신러닝), 로봇 등 첨단 ICT 기술의 융합으로 완성되는 4차 산업혁명은 미래 산업의 필수 성장 동력으로 자리잡았습니다. 그 중에서도 특히 제조업은 이른바 ‘인더스트리 4.0’의 촉발과 함께 그 새로운 혁명의 시작을 알렸는데요.
When I arrived for a training course with the name, "Powerful storytelling for tech," I was surprised to discover that most of the attendees worked in sales, rather than the marketing and communications crowd I'd been expecting. They were all there to learn how best to engage prospects – how
If you spend a lot of time in SAS Enterprise Guide (as I do), you probably get to know its features pretty well. But we don't always take the time to explore as we should, so there might be a few golden nuggets of editor knowledge that have escaped you
The Kettlebell (KB) clean is a multi-joint movement that incorporates a squat, a pull, and shoulder rotation. You will work to maximize momentum generated in the lower body to use your upper body while challenging core stability. This exercise requires a little coordination and precision, so take your time learning
Students in introductory statistics courses often use summary statistics (such as sample size, mean, and standard deviation) to test hypotheses and to compute confidence intervals. Did you know that you can provide summary statistics (rather than raw data) to PROC TTEST in SAS and obtain hypothesis tests and confidence intervals?
We live in exciting times. Our relationships with machines, objects and things are quickly changing. Since mankind lived in caves, we have pushed our will into passive tools with our hands and our voices. Our mice and our keyboards do exactly as we tell them to, and devices like the
지난 4월, 미국 재무부 산하의 금융범죄단속반 ‘FinCEN(Financial Crime Enforcement Network)’이 북한을 자금세탁 및 테러자금조달 위험 국가로 지정하고, 금융 기관에 주의보를 발령했습니다. 트럼프 행정부가 들어선 이후 첫 발령인데요. 미국 우선주의를 제창하는 트럼프 정부와 고조되는 반테러 정서에 따라 미국 금융 당국의 AML 규제는 더욱 심화될 것이란 업계 전망입니다. 실제 최근 스탠다드 차타드
Choosing great colors for a graph is sometimes the most difficult part. And here is yet another thing you need to worry about ... sometimes colors represent different things in different cultures! In this blog post, I improve a graphic to help you get a grasp on those color-to-culture relationships.
David Loshin discusses big data identity resolution in a programming and execution environment.
I'm sure I'm not the only one who has read and contributed to threads on the internet about all the different languages used for data mining. But one aspect that's been left out of most of these comparisons is that SAS is more than a 4th generation programming language (4GL).
One of the big benefits of SAS Viya is how approachable it is for programmers of other languages. You don't have to learn SAS in order to become productive quickly. We've seen a lot of interest from people who code in Python, maybe because that language has become known for
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
Summer is here, which means vacations and time at the pool with a good book. If expanding your knowledge is a goal of yours this summer, SAS has a shelf full of new titles becoming available over the next few months. From new editions of classics – such as SAS® for Forecasting
Let me start by posing a question: "Are you forecasting at the edge to anticipate what consumers want or need before they know it?" Not just forecasting based on past demand behavior, but using real-time information as it is streaming in from connected devices on the Internet of Things (IoT).
In a previous blog, I demonstrated a program and macro that could identify all numeric variables set to a specific value, such as 999. This blog discusses an immensely useful technique that allows you to perform an operation on all numeric or all character variables in a SAS data set.
Matthew Magne describes how SAS Data Quality can help you build a trusted data foundation, one stone at a time.
When I teach my Data Cleaning course, the last topic I cover in the two-day course is SAS Integrity Constraints. I find that most of the students, who are usually quite advanced programmers, have never heard of Integrity Constraints (abbreviated ICs). I decided a short discussion on this topic would
The role of analytics in combating terrorism Earlier this spring, I found myself walking through a quiet and peaceful grove of spruce trees south of the small hamlet of Foy outside of Bastogne, Belgium. On travel in Europe, I happened to have some extra time before heading to London. I
The new government’s vision of Brexit is to make the UK a more international, more outward looking nation. One whose future success and status in on the world stage will be dictated by the ability to attract investment and finance, and to drive trade with existing and new partners. Yet
My presentation at SAS Global Forum 2017 was "More Than Matrices: SAS/IML Software Supports New Data Structures." The paper was published in the conference proceedings several months ago, but I recently recorded a short video that gives an overview of using the new data structures in SAS/IML 14.2: If your
To demonstrate the power of text mining and the insights it can uncover, I used SAS Text Mining technologies to extract the underlying key topics of the children's classic Alice in Wonderland. I want to show you what Alice in Wonderland can tell us about both human intelligence and artificial
Science-Fiction-Autoren sind seit Langem fasziniert von der Vorstellung, dass Roboter die Weltherrschaft übernehmen könnten. Und sie überlegen, was man tun könnte, um die Welt vor dieser Machtübernahme zu bewahren. Doch diese Vorstellung geht weit an der Realität vorbei. Tatsächlich wissen wir heute: Maschinen – und Machine Learning – funktionieren am
A new book from SAS guides public sector leaders in the use of data to address a wide range of state and local government challenges. Each chapter deals with critical issues facing our country, including the opioid epidemic, child abuse, spiraling health care costs, prison overcrowding, education reform, rampant fraud and the
