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Rick Wicklin 0
Sampling variation in small random samples

Somewhere in my past I encountered a panel of histograms for small random samples of normal data. I can't remember the source, but it might have been from John Tukey or William Cleveland. The point of the panel was to emphasize that (because of sampling variation) a small random sample

Analytics
Michael Herrmann 0
EU-Datenschutz-Grundverordnung: Wieso jetzt handeln?

Ab 2018 verschärft die EU massiv den Datenschutz. Betroffen ist weltweit jedes Unternehmen, das EU-Bürgern etwas anbietet, ihr Kauf&Klick-Verhalten analysiert oder im Auftrag verarbeitet. Erste Projekte sind bereits gestartet, um die geforderten „angemessenen Maßnahmen“ real auch nachweisen zu können. Denn hohe Strafen und schlechte Presse lauern. Es lockt das Vertrauen

Data Management
Jim Harris 0
The growing importance of big data quality

Our world is now so awash in data that many organizations have an embarrassment of riches when it comes to available data to support operational, tactical and strategic activities of the enterprise. Such a data-rich environment is highly susceptible to poor-quality data. This is especially true when swimming in data lakes –

Rick Wicklin 0
Highlight forecast regions in graphs

A SAS customer asked how to use background colors and a dashed line to emphasize the forecast region for a graph that shows a time series model. The task requires the following steps: Use the ATTRPRIORITY=NONE option on the ODS GRAPHICS statement to make sure that the current ODS style

Analytics
Juan Montero 0
How do you feel about analytics?

People say that the world has changed, but I think it'd be more accurate to say that people that have changed the world. Social media, big data, big analytics, internet of things … whether you're an executive, a data scientist, or a student, when you hear these buzzwords, you have

Fraud & Security Intelligence
0
The Common Reporting Standard: an opportunity and a challenge for tax authorities

Cooperation and information sharing between tax authorities around the world can help ensure that taxpayers pay the right amount of tax to the right jurisdictions. The Common Reporting Standard (CRS) is an agreement between countries in the Organisation for Economic Co-operation and Development to collect and share data from their financial institutions annually. This remarkable achievement

Learn SAS
Chris Hemedinger 0
Zodiac signs of US Presidents

Rick Wicklin showed us how to visualize the ages of US Presidents at the time of their inaugurations. That's a pretty relevant thing to do, as the age of the incoming president can indirectly influence aspects of the president's term, thanks to health and generational factors. As part of his

Analytics | Fraud & Security Intelligence
Jen Dunham 0
Opioid schemes fueled by staged car accidents, insurance fraud

Criminal enterprises are tapping into the lucrative opioid business through creative schemes that are less likely to be identified as opioid abuse, misuse or diversion. One of the latest schemes? Auto insurance fraud. First, some background… While extensive progress has been made in establishing, improving, and mandating prescription drug monitoring

Analytics | Fraud & Security Intelligence
John Stultz 0
What can agencies learn from massive Medicaid fraud busts?

On June 22nd, the U.S. Department of Justice announced the largest Medicaid fraud bust in history. The National Health Care Fraud Takedown included 301 defendants charged, $900 million in false billings, 61 medical professionals and 29 doctors, across 36 states. In another case, investigators in New York uncovered more than

Fraud & Security Intelligence
0
From fraud detection to fraud prevention: working towards optimal audits

Currently, most fraud detection solutions for financial crime and tax fraud are focused on risk assessing entities. That is to say, they evaluate the risk of each individual or businesses separately. While this helps prioritize risk-based investigations by alerting investigators to the likelihood of fraud, it does not necessarily maximize deterrence.

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