Subscription fraud ‘disappearing acts’ have economic, human and reputational consequences. What were initially isolated cases have now become a systemic industry issue for telecommunication companies worldwide. In fact, the CFCA reports an approximate $2.03 Bn. lost to fraud every year due to subscription fraud through impersonation. Other variants of subscription fraud through applications and ‘credit muling’ contribute an additional $1.93 Bn. and $1.75 Bn. respectively.
AI innovations range from unique modelling techniques and computer vision efforts to medical diagnostic tools and self-driving cars. Within that wide range of technology, what should you consider patenting? Which of your discoveries are true intellectual property that necessitate protection? A little thought upfront could help you to know what
From the early days of probability and statistics, researchers have tried to organize and categorize parametric probability distributions. For example, Pearson (1895, 1901, and 1916) developed a system of seven distributions, which was later called the Pearson system. The main idea behind a "system" of distributions is that for each
Where in your business process can analytics and AI play a contributing role in enhancing your decision making capability? At the information interpretation stage. As a framework for understanding where analytic and AI opportunities may arise, the simple diagram below illustrates the relationships between data, information and knowledge, and how
I asked Jaimy van Dijk if it's true or false if analytics has huge potential in sport.
This blog is part of a series on SAS Visual Data Mining and Machine Learning (VDMML). If you're new to SAS VDMML and you want a brief overview of the features available, check out my last blog post! This blog will discuss types of missing data and how to use imputation
Why HR is key to driving change in the public sector – powered by data and analytics.
Some business models will segment the worth of their customers into categories that will often give different levels of service to the more “higher worth” customers. The metric most often used for that is called Customer Lifetime Value (CLV). CLV is simply a balance sheet look at the total cost spent versus the total revenue earned over a customer’s projected tenure or “life.”
We've made it to the halfway point of January, which means most of the industry's annual predictions have been published. Who's guessing what? And how should you prepare for the year ahead? From dark data to hyperpersonalization, analytics is at the core of all these predictions. SAS experts have been
As I get older, a few of my buddies are starting to retire. And this makes me think about my own retirement (not that I'm anywhere near old enough to retire, mind you!) Therefore when I saw a list of the "Best & Worst Cities for Retiring" it caught my
It’s already mid-January and some of those resolutions/goals/fresh starts whatever-you-want-to-call-them are getting hard. Maybe you’re re-evaluating. I’ve set my sights on a Spartan SPRINT this year. As a 2x IRONMAN finisher, I’m no stranger to running or super challenging athletic events, so as far at that 5K run, I’m good.
In my book Simulating Data with SAS, I show how to use a graphical tool, called the moment-ratio diagram, to characterize and compare continuous probability distributions based on their skewness and kurtosis (Wicklin, 2013, Chapter 16). The idea behind the moment-ratio diagram is that skewness and kurtosis are essential for
Are you ready to get a jump start on the new year? If you’ve been wanting to brush up your SAS skills or learn something new, there’s no time like a new decade to start! SAS Press is releasing several new books in the upcoming months to help you stay
Did you add "learn something new" to your list of New Year's resolutions? Last week, I wrote about the most popular articles from The DO Loop in 2019. The most popular articles are about elementary topics in SAS programming or univariate statistics because those topics have broad appeal. Advanced topics
With 2018's M4 Forecasting Competition behind us (although analysis, interpretation, and debate continue), the new M5 Competition starts March 2. Running through June 30, M5 is utilizing actual data provided by Walmart. It will be implemented using Kaggle's Platform, with $100,000 in prize money. Forecasting practitioners are encouraged to participate,
The new method tackles the challenge of missing features under the multi-task learning framework. The proposed method is effective for prediction and model estimation when missing data is present.
In the US, we often notice that what starts in California will eventually spread to the rest of the country. Whether it's related to fashion, culture or legal issues, if it starts in the golden state there's a good chance it will spread east in the US. On June 28, 2018, California Governor
Over the past few months, I’ve been working on a fascinating project with one of the world's largest pharmaceutical companies to apply SAS Viya computer vision to help identify potential quality issues on the production line as part of the validated inspection process. As I know the application of these
Curriculum Pathways started 23 years ago to meet the need for integrated, high quality resources to support teaching and learning in the core disciplines. All of you have made the product what it is today. With the advent of OER (open educational resources) and thousands of other resources for the
The International Journal of Forecasting has published its 2020-Q1 issue, guest edited by Spyros Makridakis and Fotios Petropoulos, and dedicated entirely to results and commentary on the M4 Forecasting Competition. This issue should be of great interest and value to business forecasting practitioners, and you get online access to it
Did I trick you into seeing what this blog is about with its mysterious title? I am going to talk about how to use the FIND function to search text values. The FIND function searches for substrings in character values. For example, you might want to extract all email addresses
We all know that eating fruits and vegetables is good for us. This is a message we have heard since we were kids. The USDA recommends eating 5-9 servings of fruits and vegetables per day. However, nutrition experts and research suggest that more is better, typically agreeing that at least 8-10 servings
"Why are we doing this?" No matter who you are, that’s a question you’ve likely asked yourself more than once. Whether as a child receiving instruction from your parents, or as adults contemplating the reason behind decisions made at work, we are curious by nature. We all carry this innate
The introduction of analytics, machine learning and AI, will equip authorities to find previously undetected insight from their data.
Many SAS procedures can automatically create a graph that overlays multiple prediction curves and their prediction limits. This graph (sometimes called a "fit plot" or a "sliced fit plot") is useful when you want to visualize a model in which a continuous response variable depends on one continuous explanatory variable
If someone proposes a bet to you, then you should be suspicious that they already know they're going to win. And one frequent topic of such bets is the weather... What if I bet you there's a city in Canada with a warmer average January temperature than Raleigh, NC? You
Following is editor-in-chief Len Tashman's preview of the Winter 2020 issue of Foresight: The International Journal of Applied Forecasting. Preview of Foresight (Winter 2020) This Winter 2020 issue of Foresight—number 56 since the journal began in 2005—formally introduces a new section: Integrated Business Planning (IBP), the meaning of which is evolving
I have a 100-year-old father with dementia living with me and I also help parents of teens here at SAS. What do these two things have in common? The need to stay in relationship. Three years ago, I heard this simple statement and it hit me like a ton of