Tag: Data Analysis

Analytics
Rick Wicklin 3
What is the metalog distribution?

The metalog family of distributions (Keelin, Decision Analysis, 2016) is a flexible family that can model a wide range of continuous univariate data distributions when the data-generating mechanism is unknown. This article provides an overview of the metalog distributions. A subsequent article shows how to download and use a library

Learn SAS | Programming Tips
Rick Wicklin 0
Simulate poker hands in SAS

A SAS programmer was trying to simulate poker hands. He was having difficulty because the sampling scheme for simulating card games requires that you sample without replacement for each hand. In statistics, this is called "simple random sampling." If done properly, it is straightforward to simulate poker hands in SAS.

Analytics | Learn SAS | Programming Tips
Rick Wicklin 0
A test for monotonic sequences and functions

Monotonic transformations occur frequently in math and statistics. Analysts use monotonic transformations to transform variable values, with Tukey's ladder of transformations and the Box-Cox transformations being familiar examples. Monotonic distributions figure prominently in probability theory because the cumulative distribution is a monotonic increasing function. For a continuous distribution that is

1 3 4 5 6 7 47