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Analytics
Chuck Ellstrom 0
The Two E's

Unless you’ve been living under a rock, you’ve heard about the budget problems running rampant across all levels of government. Federal, State and Local Governments are all facing historic budget shortfalls due to the economic crisis and decreased tax receipts. This has led to a much closer examination of services

Rick Wicklin 0
Funnel plots: An alternative to ranking

In a previous blog post, I showed how you can use simulation to construct confidence intervals for ranks. This idea (from a paper by E. Marshall and D. Spiegelhalter), enables you to display a graph that compares the performance of several institutions, where "institutions" can mean schools, companies, airlines, or

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Progressive grocers applying analytics

Back on East Coast time and away from the allure of Vegas’ nightlife, it’s time for a bit of Retail therapy. No … I am not breaking out the credit card for online shopping (yet), but rather a review of my copious notes taken from more than 15 Retail sessions

Learn SAS
Sandy Varner 0
The Power of the Backlist

In today’s changing environment the hype seems to focus on new, updated, latest release, newly developed, cutting edge and so on. With so many new SAS books to choose from, I thought it might be interesting to take a look at our most popular backlist titles (books that were published

Customer Intelligence
Allison Hines 0
Taxonomies, Tone and Tweets

By analyzing and organizing taxonomies and tones within social media channels, organizations can better know how to directly market to online customers, says SAS Media Intelligence Director Mark Chaves at SAS Global Forum. Mark said the influence of social media on the consumer-buying process is stronger than ever. More than

Rick Wicklin 0
A statistical model of card shuffling

I recently returned from a five-day conference in Las Vegas. On the way there, I finally had time to read a classic statistical paper: Bayer and Diaconis (1992) describes how many shuffles are needed to randomize a deck of cards. Their famous result that it takes seven shuffles to randomize

SAS Events
Mike Kalt 0
What Didn't Stay in Vegas

Just flew back from Vegas, and boy, are my arms tired! (ba-dump) If you attended SAS Global Forum, you probably learned a lot of things you didn't know. But if you were a SAS employee, you also learned a lot of things you didn't know. One of the perks of

Analytics | Data Management
Rachel Alt-Simmons 0
Companies are finding the most profitable growth opportunities

In this panel discussion, a diverse group of companies from different industries are finding profitable growth opportunities through analytics. We’re joined by: Jim Foreman, Director of Circulation Analytic, Staples Halina Karachuk, VP Innovation, AXA Equitable Life Barb Buettin, Director, CRM – Enterprise Information Management, Chico’s Nelle Schantz, Sr. Marketing Director,

Rick Wicklin 0
The sound of the Dow...in SAS

At the beginning of 2011, I heard about the Dow Piano, which was created by CNNMoney.com. The Dow Piano visualizes the performance of the Dow Jones industrial average in 2010 with a line plot, but also adds an auditory component. As Bård Edlund, Art Director at CNNMoney.com, said, The daily

Rick Wicklin 0
Computing the variance of each column of a matrix

In a previous blog post about computing confidence intervals for rankings, I inadvertently used the VAR function in SAS/IML 9.22, without providing equivalent functionality for those readers who are running an earlier version of SAS/IML software. (Thanks to Eric for pointing this out.) If you are using a version of

Analytics
Rachel Alt-Simmons 0
Cross-business strategies for analytics

How can you find and act on information hidden in customer interactions? How can you use this information to create profitable results and create a consistent customer experience? It’s not just about sales and marketing teams interacting with the customers anymore. The entire organization must align drive a good, consistent

Analytics | Customer Intelligence
Becky Graebe 0
Why you don't need a magic bullet

Yesterday at the SAS Global Forum Executive Conference, SAS Senior Director of Product Marketing Nelle Schantz moderated a panel discussion featuring Thomas Davenport, best-selling author and Director of the International Institute for Analytics; Charlene Li, founder of Altimeter Group and co-author of Groundswell; and Rom Hendler, Senior Vice President and

Rick Wicklin 0
How to rank values

When comparing scores from different subjects, it is often useful to rank the subjects. A rank is the order of a subject when the associated score is listed in ascending order. I've written a few articles about the importance of including confidence intervals when you display rankings, but I haven't

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