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Hyndman's 5 Conditions for Easy Forecasting

What makes something easy (or difficult) to forecast? This question was answered by Prof. Rob Hyndman on the Forecasting Impact podcast (February 6, 2021), and it's worth a look at his response. Rob was recently named a Fellow of the International Institute of Forecasters, and is someone who is known [...]

The post Hyndman's 5 Conditions for Easy Forecasting appeared first on The Business Forecasting Deal.




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SAS/IIF Research Grants (proposals due October 1)

The International Institute of Forecasters and SAS® are funding two $10,000 grants to support research on forecasting. Per the announcement: For the eighteenth year, the IIF, in collaboration with SAS®, is proud to announce financial support for research on improving forecasting methods and business forecasting practice. The award for this year will be [...]

The post SAS/IIF Research Grants (proposals due October 1) appeared first on The Business Forecasting Deal.




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M6 Financial Forecasting Competition announced

M6 Financial Forecasting Competition The Makridakis Open Forecasting Center has announced the M6 Financial Forecasting Competition, to begin in February 2022. This will be a "live" competition running through February 2023, with a focus on forecasts of stock price (returns) and risk, and on investment decisions based on the forecasts. [...]

The post M6 Financial Forecasting Competition announced appeared first on The Business Forecasting Deal.




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Intermittent Demand Forecasting (new book by Boylan and Syntetos)

I've never been much of a fan of forecasting approaches to intermittent demand. In situations like intermittent demand (or other areas where we have little hope of reasonably accurate forecasts), my thinking is "why bother?" If we can't expect to solve the problem with forecasting, we need a different approach. [...]

The post Intermittent Demand Forecasting (new book by Boylan and Syntetos) appeared first on The Business Forecasting Deal.




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The last of the BFD

It has been my great pleasure writing this blog for the past 12 years, with over 370 posts. In doing so, I have enjoyed the support of my exceptional SAS managers over this time: From Anne Milley and Renee Nocker way back when it started, to Susan Kahler and David [...]

The post The last of the BFD appeared first on The Business Forecasting Deal.




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Special missing values in SAS statistical tables

A previous article about how to display missing values in SAS prompted a comment about special missing values in ODS tables in SAS. Did you know that statistical tables in SAS include special missing values to represent certain situations in statistical analyses? This article explains how to interpret four special [...]

The post Special missing values in SAS statistical tables appeared first on The DO Loop.




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Programming the formulas for an ANOVA in SAS

In practice, there is no need to remember textbook formulas for the ANOVA test because all modern statistical software will perform the test for you. In SAS, the ANOVA procedure is designed to handle balanced designs (the same number of observations in each group) whereas the GLM procedure can handle [...]

The post Programming the formulas for an ANOVA in SAS appeared first on The DO Loop.




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Interactive procedures in SAS

SAS software supports two kinds of procedures: interactive and non-interactive. Most SAS procedures are non-interactive. They begin with a PROC statement, include one or more additional statements, and end with a RUN statement. When SAS encounters the RUN statement, the procedure executes all statements, then exits. On the other hand, [...]

The post Interactive procedures in SAS appeared first on The DO Loop.




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Understand the PUT and INPUT functions in SAS

In SAS, the INPUT and PUT functions are powerful functions that enable you to convert data from character type to numeric type and vice versa. They work by applying SAS formats or informats to data. You cannot fully understand the INPUT and PUT functions without understanding formats and informats in [...]

The post Understand the PUT and INPUT functions in SAS appeared first on The DO Loop.




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Run-time variations of the INPUT and PUT functions in SAS

The INPUT function and PUT function in SAS are used to apply informats and formats (respectively) to data. For both functions, you must know in advance which informat or format you want to apply. For brevity, let's consider only applying a format. To use the PUT function, you must know [...]

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Automate the creation of a range attribute map in SAS

In SAS, range attribute maps enable you to specify the range of values that determine the colors used for graphical elements. There are various examples that use the GTL to define a range attribute map, but fewer examples that show how to use a range attribute map with PROC SGPLOT. [...]

The post Automate the creation of a range attribute map in SAS appeared first on The DO Loop.




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Levy flight and vectorizing a simulation in SAS

A previous article shows a simulation of two different models of a foraging animal. The first model is a random walk, which assumes that the animal chooses a random direction, then takes a step that is distributed according to a Gaussian random variable. In the second model, the animal again [...]

The post Levy flight and vectorizing a simulation in SAS appeared first on The DO Loop.




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Introducing PROC SIMSYSTEM in SAS Viya

When the SAS Global Forum 2020 conference was cancelled by the global COVID-19 pandemic, I felt sorry for the customers and colleagues who had spent months preparing their presentations. One presentation I especially wanted to attend was by Bucky Ransdell and Randy Tobias: "Introducing PROC SIMSYSTEM for Systematic Nonnormal Simulation". [...]

The post Introducing PROC SIMSYSTEM in SAS Viya appeared first on The DO Loop.




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5 Killed As Speeding Car Rams Truck On Greater Noida Expressway

At least five people were killed this morning after their speeding car rammed a truck that had broken down and was parked on the roadside in Noida.




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24% Deaths In Delhi Caused Due To Infectious, Parasitic Diseases: Report

A Delhi government report has attributed nearly 24 per cent of the total about 89,000 deaths registered in the national capital in 2023 to infectious and parasitic diseases like cholera, diarrhoea, tuberculosis and hepatitis B, among others.




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Raghav Chadha Attends Varanasi's Ganga Aarti With Parineeti Chopra

Rajya Sabha MP Raghav Chadha marked his 36th birthday in Varanasi.




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Man's Body Found In 7 Pieces In A Plastic Bag Near Mumbai's Gorai Beach

A body of a man has been found in a plastic bag in seven pieces on Mumbai's Gorai beach, the police said today.




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Man Forges Son's Document To Shied Him In Rape-Murder Case, Arrested

A man was arrested in Noida on Monday for allegedly fabricating a Transfer Certificate (TC) for his son to show that he was a juvenile when he was arrested in a rape and murder case in 2016, police said.




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6 Killed, 1 Injured As Car Crashes Into Truck In Dehradun

Six people were killed and one sustained serious injuries when their car collided with a truck here early Tuesday, police said.




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BJP MP Inaugurates 12-Lane Highway In South Delhi To Ease Traffic

BJP MP from South Delhi Ramvir Singh Bidhuri on Tuesday inaugurated a newly constructed stretch of a 12-lane national highway connecting Mithapur Chowk to the Mumbai-Baroda highway in the Badarpur area.




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Suspended Teacher Jailed For Sexually Harassing Students In Chennai School

A suspended teacher from the PSBB (Padma Seshadri Bala Bhavan) School in Chennai has been sentenced to two years of rigorous imprisonment for sexually harassing female students.




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Hezbollah's Hassan Nasrallah: The Most Powerful Man In Lebanon

Backed by Iran and hated by Israel, Hezbollah chief Hassan Nasrallah is Lebanon's most powerful man. He enjoys cult status among his Shiite supporters and holds sway over the country's institutions.




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Shigeru Ishiba: Political Troublemaker Set To Take Charge As Japan's New PM

Japan's next prime minister, Shigeru Ishiba, says he reads three books a day and would rather do that than mingle with the ruling party colleagues who picked him as their new leader today




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"We Talked About...": Sundar Pichai Recalls Last Meeting With Ratan Tata

Ratan Tata, born on December 28, 1937, is the Chairman of Ratan Tata Trust, two of the largest private-sector-promoted philanthropic trusts in India.




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Tetley Tea To BigBasket: Tata Group's Biggest Strides Under Ratan Tata

Industrialist Ratan Tata, who passed away at the age of 86, is credited with transforming the Tata Group's portfolio during his tenure as chairman to include products from salt to software to sports cars.




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From Studying In Prison To Heading Hamas Oct 7 Attack: Who Was Yahya Sinwar

The Israel Defense Forces (IDF) and the Israel Security Agency have jointly confirmed that Hamas leader Yahya Sinwar was killed in the Gaza Strip by Israeli soldiers on Wednesday.














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UK-Based DNA Company With Russian Link Vanishes With Highly-Sensitive Data

Atlas Biomed's website is no longer active and the phone number listed is dead as well.




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Zomato Launches 'Rescue' Service To Combat Food Wastage. How Does It Work?

Zomato witnesses approximately 400,000 cancelled orders monthly which prompted it to launch the initiative.




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UK University Tells Rich Students To Not Be A 'Snob' To Poorer Classmates

A guidance has been issued to the wealthier students with a list of actions they need to follow to create an inclusive environment.




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Here's Why India Celebrates Jawaharlal Nehru's Birthday As Children's Day

Children's Day, also known as 'Bal Diwas', is celebrated annually on November 14 in India. The day is celebrated to appreciate and acknowledge children as they are the future of the county.




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Bride Kalina Marie Devastated After Almost No One Turns Up For Her Wedding

The couple, together for nine years, had announced the wedding date in January and were eagerly looking forward to their long-awaited special day.




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Bengaluru Landlord Asks Rs 5 Lakh Deposit for Rs 40,000 Rent: "Extortion"

The post has sparked a heated debate about Bengaluru's rising rental prices and the need for a cap on deposits.




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Children's Day 2024: Why It's Called 'Bal Diwas'?

By celebrating Children's Day as Bal Diwas, India reinforced the cultural and emotional significance of the day, making it a uniquely Indian celebration rooted in national pride and values.




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Brace For Impact! Maruti Will Increase Price Of Almost All Cars By This Date: Check Full Details

India’s largest carmaker Maruti Suzuki India Limited (MSIL) has announced that it will hike the prices of its models from January 2023. It said the increase will vary for different models. Why? In a statement the automaker explained its struggles and the reason behind the hikes. “The Company continues to witness increased cost pressure driven […]




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All Real-Money Based Online Games In India Can Be Regulated, Monitored & Governed By Govt

A new statement by the government and three sources have revealed that the proposal to regulate only the games of skill has been overruled. According to a government document and three sources, India’s proposed regulation of internet gambling would cover all real-money games after the prime minister’s office rejected a proposal to merely regulate games […]




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Apple Wants To Shift iPhone Production To India, Vietnam & Completely Ignore China For This Reason

Recently, Apple is accelerating its plans to shift some of its production outside China. The Cupertino headquartered company is asking its suppliers to plan more for assembling the product elsewhere in Asia, particularly India and Vietnam. Apple Shifting Assembly Line Outside Of China Sources involved in this discussion also said that Apple is also looking […]




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ChatGPT Stuns Everyone With AI-Based Natural-Language Dialogues: Everything You Need To Know

On Wednesday, the Artificial Intelligence (AI) research company OpenAI announced ChatGPT which is a prototype dialogue-based AI chatbot capable of understanding natural language and responding in natural language.  ChatGPT Getting Famous In less than a week, this news has since taken the internet by storm and already crossed more than a million users.  Most of […]




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Canadian Visa Processing In India Gets A Boost: These 2 Indian Cities Will Be Able To Process More Visas

The process of getting a visa to Canada has now been made easier for Indians.  As per the latest news, the government of Canada has decided to add two Indian cities, Delhi and Chandigarh, under Canada’s Indo-Pacific strategy.  Canada To Strengthen Visa Infrastructure In Delhi And Chandigarh The Canadian government has opted to strengthen the […]




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[Exclusive Interview] This Startup Promises Out-Of-The-Box Ideas For Businesses To Scale Their Content Marketing

Recently, we interacted with Mr. Ayush Shukla, Creator & Founder, Finnet Media, and asked him about his startup journey, and their plans to disrupt the ecosystem with ideas and passion. With a B.A in Economic Honors from Delhi University, Ayush learned the nuances of networking and explored it for his self-growth by building a strong […]




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Sensor-based baby sock Owlet banks $24M Series B

Owlet, a connected-baby care company raised a $24 million Series B investment from Trilogy Equity Partners, with participation from existing investors, including Eclipse Ventures, Broadway Angels, and Enfield Ventures, and the addition Pelion Venture Partners.

Owlet Android App

Owlet’s core product is a baby sock that contains a smart sensor. The sensor monitors pulse oximetry, a technology used in hospitals to measure an infant's heart rate and blood oxygen levels. The vital signs are communicated to parents’ smartphone via Bluetooth connection. The product retails for $299 and parents can also choose from monthly payment plans.

Other IoT-health startups using sensors to monitor vital signs include Aifloo, a company selling wrist-bands for elders and Air by Propeller, a smart health company that provides an API to predict local asthma conditions.

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Owlet Smart Sock 2

A complete product package of Owlet monitor includes three fabric socks, smart sock sensor, a base station (which rings an alarm if a baby’s vital signs are abnormal), and charging cords.

Before the company raised the latest round, it closed a $15 million Series B round in late 2016. The recent investment brought Owlet’s total equity funding to $46M. Owlet plans to use the growth capital to launch more baby care products.

“As a company of parents, it is important to us to bring innovative technology into a family’s everyday life. This new round of funding will enable us to expand our product line, looking at ways we can support the health and wellness of families at all stages, from pregnancy on, as well as increase the brand’s availability internationally and improve our accessibility and affordability,”said Kurt Workman, Owlet Co-Founder and CEO.