Updates on the Apache Log4j CVE-2021-44228 vulnerability
Read this bulletin for the SAS response to CVE-2021-44228, the Apache Log4j vulnerability.
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Getting Started with Python Integration to SAS® Viya® - Part 6 - Descriptive Statistics
Welcome to the sixth installment in my series Getting Started with Python Integration to SAS Viya. In previous posts, I discussed how to connect to the CAS server, how to execute CAS actions, and how to work with the results. Now it's time to generate simple descriptive statistics of a CAS table. Let's begin
Why hack? 10 reasons why the SAS Hackathon is more than a competition
In a hackathon, teams of participants collaborate and compete to find the best solutions to a business or humanitarian challenge using technology. But unlike many traditional hackathons where participants meet in person for a couple of days, the SAS Hackathon is all-digital and lasts for a month. Prior to the
A block-Cholesky method to simulate multivariate normal data
You can use the Cholesky decomposition of a covariance matrix to simulate data from a correlated multivariate normal distribution. This method is encapsulated in the RANDNORMAL function in SAS/IML software, but you can also perform the computations manually by calling the ROOT function to get the Cholesky root and then
Top 10 posts from The DO Loop in 2021
Last year, I wrote almost 100 posts for The DO Loop blog. My most popular articles were about data visualization, statistics and data analysis, and simulation and bootstrapping. If you missed any of these gems when they were first published, here are some of the most popular articles from 2021:
SAS financial functions review and mortgage payment analysis
Let's take a look at the design and implementation of SAS functions in financial calculations. We'll do this through examples calculating and analyzing the monthly payment, interest, and principal for CPM/CAM mortgages.
Wishing you a groovy holiday from the RFC!
As we wrap up an outstanding year at the RFC, we want to take a moment to celebrate a year of innovation and creativity and thank YOU for joining us to take care of your health and wellness and have LOTS of FUN along the way. Here’s just a few
Invest in a rapidly growing currency…skills
It feels like yesterday that we were signing a contract with a new vendor, Acclaim, to provide digital badging services for our SAS Certification candidates. That was over five years ago. Since then, Acclaim joined forces with another market leader and became part of Credly. SAS has expanded our badging
Using the SASEBEA Interface Engine to explore BEA statistical data
SAS' Kelly Fellingham, an advanced analytics software developer, reveals how SAS software's new SASEBEA interface helps you identify patterns in US economics data.
Exciting possibilities with text mining for consumer protection
It is increasingly possible to use text analytics to explore different types of data. When a news story this summer caught my eye, I decided to see if I could use SAS Visual Text Analytics (VTA) and SAS Visual Analytics (VA) on customer complaints to provide information that might be
Do My Parents Need Help? What to look for during holiday visits.
This is a post from a few years back, pre-COVID. It seems particularly timely as many of us may now be planning a visit to see older adults in our family that we have been separated from due to the pandemic. As the holidays approach, one of the highlights
The transformation of customer relationships in the insurance industry
The relationship between insurance companies and their clients has always been tricky due to several factors. But just like any other sector today, insurance organizations are transforming with digital technologies – and these solutions are customer-centric. What’s in store for customer relationships in the insurance industry? Keep on reading to
Transforming public sector customer experience with composite AI
Introduction In an era of high connectivity and instant gratification, the expectations of customer experience have never been higher. Customers do not simply want but rather expect accessible and responsive communication across a variety of channels. And for organisations, the risks have never been higher. Disgruntled users now have the
The analytical path to mitigating climate risk for banks
We are getting used to seeing banks considering climate risk. After all, it is closely related to other types of risks that financial institutions mitigate and manage. There are two main types of risks associated with climate: Physical risk of financial losses directly related to climate change-related extreme weather events. Transition
Summarizing data
Because it is near the end of the year, I thought a blog about "Summarizing" data might be in order. For these examples, I am going to use a simulated data set called Drug_Study, containing some categorical and numerical variables. For those interested readers, the SAS code that I used
Curating a comprehensive approach to banking customers
There is growing awareness and discussion about the need to remodel business processes in banks. This is partly in response to the disruption caused by the pandemic, partly because of macroeconomic pressures such as changing interest rates, and partly a way to address changing customer behavior and expectations. This last
Little Life Hacks: Essential (Oils) Gift Giving
As we come to the end of the year when gift giving is popular, there is nothing kinder than making something special for family, friends and loved ones. It’s a double win because many products on the shelves today contain chemicals or harmful substances that our bodies are unfamiliar with
The company you keep: How the SAS Hackathon is helping banks identify sustainability risks in their portfolios
The 2021 SAS Hackathon was a major success and teams are now signing up for the 2022 hackathon. We are inviting you to join us. The world has lots of problems in search of answers and it’s your chance to contribute some creative solutions. Here’s what the team from KPMG
9 sweet seasons for giving
Well SAS, you outdid yourselves once again! For 9 years, we've been collecting and donating leftover and excess Halloween candy from SAS families. After a brief hiatus last year, we challenged you to raise the {candy} bar once again this year...and man did you do that, tipping the scales at
A statistical palette of Christmas colors
Suppose you are creating a craft project for the Christmas holidays, and you want to choose a palette of Christmas colors to give it a cheery holiday appearance. You could use one of the many online collections of color palettes to choose a Christmas-themed palette. However, I didn't want to
Supporting Children and Teens This Holiday Season: Tips for adults who aren’t their parents
Will you be around any children or teens this holiday season? Yes? This blog is for you!!! The Backdrop It has been a rough 21 months for all of us. For kids and teens, the pandemic has impacted a huge percentage of their lives. When you have been alive 660
Holiday fun: Data science things
It's that time of year again where I get to blend together a holiday song with analytics. This is the eighth year running and the 11th song. For 2021, I decided to take on a more modern holiday song, Arianna Grande's Winter Things. Data Science Things SQL and reporting ain’t
The pandemic drives fraud in the insurance sector
The pandemic has definitely left its mark on the scale of the fraud we’re witnessing in the insurance industry. The key reason behind this is the economic recession. Whenever we observed a decline in a country’s GDP, an increase in fraud rates followed. When GDP fell by an average of
Is it really better to give than to receive? Data science says yes
Active gratitude is the feeling you get when a stranger does something nice for you without expecting anything in return. While both are beneficial for our health, there is a statistically significant, positive correlation between active gratitude and pro-sociality (r = 0.374), that is not present with passive gratitude. In other words, random acts of kindness trigger other random acts of kindness to other people, which is both good for us and good for society.
Anti-money laundering measures need to go beyond banks
When considering anti-money laundering operations, it’s not unreasonable that most people would probably think first of banks and other financial institutions. These organizations are probably the most obvious place to deposit large sums of money, including those obtained from criminal activities. And are therefore the most important first line of
A principal component analysis of color palettes
In a previous article, I visualized seven Christmas-themed palettes of colors, as shown to the right. You can see that the palettes include many red, green, and golden colors. Clearly, the colors in the Christmas palettes are not a random sample from the space of RGB colors. Rather, they represent
Creating a personalised retail experience that stands out from the crowd
Nearly everyone in retail knows the value of personalisation. Getting there, however, can be a problem. Here’s how your retail store can be a business that better understands the customer. Personalising the shopping experience is the surest way to the consumer’s pocket. Consumers buy more and buy more often when
How to view CAS tables in SAS® Studio
CAS libraries enable you to access your CAS data. By defining the librefs for those caslibs in SAS Studio, you can have more interactive access to the CAS data.
Building a smarter, more sustainable future with 5G
From powering driverless vehicles to tackling the global climate crisis, 5G networks will play a huge role in shaping the future of our society. How can CSPs remove barriers to innovation and drive positive change? 5G technology holds transformative potential for business, individuals and society. However, successfully realizing the true
The future of AI from 5 influential figures
There is no shortage of challenges associated with the deployment of AI: a lack of access to infrastructure, a lack of skills, and new legislation meant to enforce the responsible use of this evolving technology. But the most consequential questions facing us are innately human. Namely, ensuring human agency, safety