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Internet of Things
David Pope 0
An IoT-enabled fun weekend

The buzz about the Internet of Things (IoT) combined with the insights derived from analytics appears to be hotter than ever.  What's interesting to me is how many people go about their lives without knowing what the IoT is and how they're already benefitting from it (or how their jobs

Stuart Rose 0
How social brokers is changing insurance

“All for one and one for all” is best known as the motto from “The Three Musketeers”, but this phrase could easily sum up the growing trend in social brokers. With advanced analytical techniques like generalized linear modeling insurance companies have created more granular pricing structures. But despite the assertions

Rick Wicklin 0
Ten tips before you run an optimization

Optimization is a primary tool of computational statistics. SAS/IML software provides a suite of nonlinear optimizers that makes it easy to find an optimum for a user-defined objective function. You can perform unconstrained optimization, or define linear or nonlinear constraints for constrained optimization. Over the years I have seen many

Data Management
Jim Harris 0
Where should data quality happen?

In my previous post I discussed the practice of putting data quality processes as close to data sources as possible. Historically this meant data quality happened during data integration in preparation for loading quality data into an enterprise data warehouse (EDW) or a master data management (MDM) hub. Nowadays, however, there’s a lot of

Learn SAS
Rick Wicklin 0
Create a package in SAS/IML

In a previous post I showed how to download, install, and use packages in SAS/IML 14.1. SAS/IML packages incorporate source files, documentation, data sets, and sample programs into a ZIP file. The PACKAGE statement enables you to install, uninstall, and manage packages. You can load functions and data into your

Rick Wicklin 0
How much do New Yorkers tip taxi drivers?

When I read Robert Allison's article about the cost of a taxi ride in New York City, I was struck by the scatter plot (shown at right; click to enlarge) that plots the tip amount against the total bill for 12 million taxi rides. The graph clearly reveals diagonal and

Risk Management
Ian Jones 0
All quiet on the Barnett Front

The Barnett Shale in North Texas hit a historic mark on April 25: Its rig count fell to zero. Two hundred rigs once harvested the 40 trillion cubic feet of natural gas in this massive basin, stretching beneath 17 Texas counties. Today, nothing. This dramatic silence in North America’s second-largest

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