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Move beyond spreadsheets to data mining, forecasting, optimization – and more

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Rick Wicklin 0
Sampling with replacement

Sampling with replacement is a useful technique for simulations and for resampling from data. Over at the SAS/IML Discussion Forum, there was a recent question about how to use SAS/IML software to sample with replacement from a set of events. I have previously blogged about efficient sampling, but this topic

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Mike Gilliland 0
Mistakes in the Forecasting Hierarchy

Many forecasting software packages support hierarchical forecasting. You define the hierarchical relationship of your products and locations, create forecasts at one or more levels, and then reconcile the forecasts across the full hierarchy. In a top-down approach, you generate forecasts at the highest level and apportion it down to lower

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Rick Wicklin 0
Tricks and Treats

How can you change a programming trick into a programming treat? Try this algorithm: If you develop a clever snippet of code, squirrel it away. This snippet is a "trick." If you use the trick a second time, copy and modify the code. The trick has become a "treat." If

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Rick Wicklin 0
Evaluate an iterated integral

The SAS/IML language provides the QUAD function for evaluating one-dimensional integrals. You can also use the QUAD function to compute a double integral as an iterated integral. A One-Dimensional Integration Suppose you want to evaluate the following integral: To evaluate this integral in the SAS/IML language: Define a function module

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Rick Wicklin 0
What is IMLPlus?

The IMLPlus language has been available to SAS customers since 2002, but there are still many people who have never heard of it. What is IMLPlus? The documentation SAS/IML Studio for SAS/STAT Users says this about IMLPlus: The programming language in SAS/IML Studio, which is called IMLPlus, is an enhanced

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Rick Wicklin 0
A statistical word puzzle!

Today's post is a puzzle. Why? Well, my wife loves solving word puzzles, and today is our wedding anniversary. Last year, I bought her a Jumble® book. This year, I've created a one-of-a-kind scrambled word puzzle just for her. (But you can play, too!) I created this puzzle by using

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Mike Gilliland 0
Rant: Password Security

A little off the topic, but can anyone explain the theory of password security to me? Specifically, how does requiring me to periodically change my password improve security? Like most of you, on some of my online accounts I am reminded every few months that I must change the password.

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Rick Wicklin 0
Efficient Sampling

Recently, SAS Global Forum announced the call for papers for the 2011 conference to be held at Caesars Palace in Las Vegas. Since the conference is in Las Vegas, I’ve been thinking a lot about games of chance: blackjack, craps, roulette, and the like. You can analyze these games by

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