Blogs

Advanced Analytics

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

Kenneth SanfordSeptember 10, 2015 0

SAS/ETS 14.1 adds panel data models and model comparison utilities

I had the pleasure of speaking at the inaugural “Accounting IS Big Data” conference this past week in New York City, a meeting organized by the American Accounting Association. In addition to giving several talks, I participated in breakout sessions in which attendees discussed how analytics is used to monitor

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Advanced Analytics

Rick WicklinSeptember 10, 2015 0

Plot the conditional distribution of the response in a linear regression model

A friend who teaches courses about statistical regression asked me how to create a graph in SAS that illustrates an important concept: the conditional distribution of the response variable. The basic idea is to draw a scatter plot with a regression line, then overlay several probability distributions along the line,

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Advanced Analytics

Gilbert HernandezSeptember 8, 2015 0

Five reasons oil and gas needs analytics more than ever

Over my career, I've attended many events where the audience was blasted with the value of analytics -- and the pitch usually fell on deaf ears. The 2015 SAS Energy Analytics Forum (which doubled in size from last year) was vastly different. The attendees had more questions and more urgency to take

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