In a 2009 ACFE report on the 2008 financial crisis, about half (49%) of 500 fraud experts surveyed cited increased financial pressure as the foremost factor driving the year’s fraud surge. It is a testament to what fraud examiners have long understood: fraud never goes away but changes with the
Learn how to fit a linear regression and use your model to score new data. In part 4 of this series, we created our modeling dataset by including a column to identify the rows to be used for training and validating our model. Here, we will create our first model
Imagine scrolling through an online store and then clicking on a social media app to see who’s posted what. Suddenly, suggestions for products you liked on the online store pop up while on the app. That’s the magic, in a nutshell, of a retail media network (and machine learning) –
Educators in Ohio from Jackson City Schools and the Gallia-Vinton Educational Service Center (ESC) are using SAS Education Visualization and Analytics Solution (EVAAS) for K-12 to enhance data-driven problem-solving for students. In a recent SAS customer success story, Changing the Data Conversation in Ohio Schools, the administration from Jackson Middle
In today’s competitive marketplace and quickly evolving technological landscape, keeping knowledge current and developing hard skills has become more important than ever – and students and professionals alike are searching for opportunities to stand out from the crowd. In the analytics space, many are turning to career certificates in data
It's that time of year again where I get to blend together a holiday song with analytics. This time, we're rocking out to the tune of Jingle Bells about generative AI. Wasn’t Me, Must have been AI (To the tune of Jingle Bells) Wasn’t Me Wasn’t Me Must have been
In the classrooms of South Africa, students are learning how to code with hopes of creating future opportunities for themselves. Coding4Mandela, an initiative honoring Nelson Mandela, strives to instill coding and technological skills in youth. The belief is that empowering young minds with digital literacy enhances their educational and professional
Statistical software often includes supports for a weight variable. Many SAS procedures make a distinction between integer frequencies and more general "importance weights." Frequencies are supported by using the FREQ statement in SAS procedures; general weights are supported by using the WEIGHT statement. An exception is PROC FREQ, which contains
When organizations move to the cloud with a SAS-managed offering, SAS takes care of the design and delivery of software, infrastructure and services so that our customers can focus on using analytics to solve business challenges and see a quick return on investment. That’s where Michael Watson and his team of Technical Architects come in. Michael
Organizations with a passion for quality, reliability, efficiency and safety are using real-time insights generated from AI-powered predictive maintenance programs to anticipate and avoid potential issues while mitigating negative impact. A shift from reactive maintenance, or handling issues in real-time, is not just a technological evolution; it's a strategic decision.
Developing an accurate understanding of statistics will help you build robust machine learning models that are optimized for a given business problem. SAS launched a new course that provides a comprehensive overview of the fundamentals of statistics that you'll need to start your data science journey. This course is also a prerequisite to many courses in the SAS data science curriculum.
The holiday season has arrived, culminating in celebrations across various cultures. It will be a time of creating a memorable feast that brings family and friends together at the dinner table. No matter what you’re celebrating this holiday season, food will be a part of the equation, including a complex
Well SAS, you outdid yourselves once again! For 11 years, we've been collecting and donating leftover and excess Halloween candy. This year, the SAS Health Center Center and VETS Employee Inclusion Group challenged SAS families to raise the {candy} bar once again...and boy did you do that! We tipped the
SAS provides many built-in routines for data analysis. A previous article discusses polychoric correlation, which is a measure of association between two ordinal variables. In SAS, you can use PROC FREQ or PROC CORR to estimate the polychoric correlation, its standard error, and confidence intervals. Although SAS provides a built-in
With the holidays and the new year quickly approaching, it's the perfect time to reflect on what to celebrate from 2023 and what to look forward to in 2024! With this in mind, WIA wants to share some of the influential moments it has been a part of and some
Correlation is a statistic that measures the association between two variables. When two variables are positively correlated, low values of one variable tend to be associated with low values of the other variable. Medium values and high values are similarly associated. For negative correlation, the association is flipped: low values
In a global economy marked by fragile supply chains, scarce resources and rising energy costs, the spotlight is on forecasting to address these issues. In 2022, McKinsey & Company uncovered a staggering $600 billion annual food waste, equating to 33% – 40% of global food production, spotlighting the devastating consequences
AI tools should, ideally, prioritize human well-being, agency and equity, steering clear of harmful consequences. Across various industries, AI is instrumental in solving many challenging problems, such as enhancing tumor assessments in cancer treatment or utilizing natural language processing in banking for customer-centric transformation. The application of AI is also
Do you make time for rest? I thought I did until I started penciling myself into my own calendar! Many of us live for the weekend believing that we’ll wake up and have time for self-care and rest. For many years, I found myself waking up on Saturdays and launching
As the idea of professional growth has changed, organizations have shifted their approach to learning and development (L&D) for employees. However, we’ve noticed this shift is more focused on identifying employees’ training needs to increase motivation and retain top talent. Throughout 2024, we expect to experience a continuation of this
I love a good viral food hack (especially one that actually works!). While I’ve had plenty fails, the #trendingtortillahack did not disappoint. The trending tortilla hack is a spin on traditional quesadillas, creating multiple layers of fillings instead of just one. The way it’s folded in on itself creates a
These are a few of my favorite things. —Maria in The Sound of Music For my annual Christmas-themed post, I decided to forgo fractal Christmas trees and animated greeting cards and instead present a compilation of some of my favorite data visualization tips for advanced SAS users. Hopefully, this
At SAS, a world-class workplace is an important part of our employee experience, and our Cary Headquarters is no exception. From awe-inspiring buildings to incredible sculptures, every element is designed to delight and inspire. Ready for a tour through photos? Let's start at the beginning. In the early days, our
Accomplish something great with SAS software? Enter the 2024 SAS Customer Recognition Awards contest through Jan. 19.
As millions of people party and eat their way through the season of overindulgence, they should feel confident that indigestion and a few extra pounds should be the only downsides to their feasting. Thanks to countless hours of work behind the scenes by food inspectors and public health officials, diners
A previous article discussed how to compute probabilities for the bivariate standard normal distribution. The standard bivariate normal distribution with correlation ρ is denoted BVN(0,ρ). For any point (x,y), you can use the PROBBNRM function in SAS to compute the probability that the random variables (X,Y) ~ BVN(0,ρ) is observed
Some organizations need advanced analytics that is customized, configured and managed off-site. That’s where the SAS-managed offerings come in. Ever wondered what it takes to get a SAS managed application services (MAS) project implemented and supported continuously? That’s where Jenny Welsh comes in. She’s the Senior Director of Cloud Customer Experience. Jenny and her teams
The significance of upholding trustworthy AI standards transcends multiple industries. Within retail, AI can potentially wield considerable influence in driving customer experiences, optimizing operations, and shaping business strategies. However, it is crucial to ensure that AI technologies are developed and deployed in an ethical manner, prioritizing human well-being and reflecting
If the last few years have taught us anything it’s this: business disruptions are not rare events. They are the norm. Today’s business leaders are grappling with logistics nightmares, economic upheaval, evolving consumer preferences, rapid technological advancements, regulatory changes, and armed conflicts. While it’s not possible to plan for every
This article shows how to use SAS to compute the probabilities for two correlated normal variables. Specifically, this article shows how to compute the probabilities for rectangular regions in the plane. A second article discusses the computation over infinite regions such as quadrants. If (X,Y) are random variables that are
