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I am gratified to see the continuing adoption of Forecast Value Added by organizations worldwide. FVA is an easy to understand and easy to apply approach for identifying bad practices in your forecasting process. And I'm particularly gratified to see coverage of FVA in two new books, which the authors [...]

The post Vandeput's Data Science for Supply Chain Forecasting (book excerpt) appeared first on The Business Forecasting Deal.

International Symposium on Forecasting (virtual, June 27 - July 2) The 41st International Symposium on Forecasting will be virtual again this year, and begins Sunday June 27. SAS will have a huge presence -- as event sponsor, sponsor of the IIF/SAS Research Grants, and with 19 individual presentations. ISF registration [...]

The post 19 reasons to attend ISF 2021 (virtual - starting June 27) appeared first on The Business Forecasting Deal.

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.

On September 2 (3pm UTC / 11am EDT), I'll be joining Jonathon Karelse, CEO of NorthFind Management, for an interactive "fireside chat" on the application of Behavioral Economics in demand planning. This is part of the Foresight Webinar Series, and registration is free. Since we first met at an Institute [...]

The post Behavioral economics in demand planning (webinar September 2) appeared first on The Business Forecasting Deal.

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.

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.

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.

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.

A common way to visualize the sample correlations between many numeric variables is to display a heat map that shows the Pearson correlation for each pair of variables, as shown in the image to the right. The correlation is a number in the range [-1, 1], where -1 indicated perfect [...]

The post The correlogram: Visualize correlations by fitting angles appeared first on The DO Loop.

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.

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.

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.

Learn why integrating EHR data with pharmacy and claims data improves patient care.

The post Closing data gaps to promote integrated health care appeared first on The Data Roundtable.

Fight back against sophisticated money launderers with these 3 techniques.

The post 3 techniques to improve AML transaction monitoring strategies appeared first on The Data Roundtable.

Ready to turn big data into big business insights? Look to the cloud.

The post Why it's hard to say "big data" without saying "cloud" appeared first on The Data Roundtable.

The evolution of service is simplicity and clarity. Build for the digital future of service today.

The post Building for the digital future of service appeared first on The Data Roundtable.

A man has been arrested here in connection with the murder of a 50-year-old beautician in Rajasthan's Jodhpur whose body was chopped and buried in a pit by the accused, an official has said.

The Congress will begin a month-long 'Delhi Nyay Yatra' from Rajghat on Friday to corner the Aam Aadmi Party government on various issues affecting the city.

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.

In a horrifying incident at a fair in Kannauj, Uttar Pradesh, a teenage girl's hair became entangled in the roller of a swing, resulting in her entire scalp being ripped out.

A Bengaluru couple found themselves in legal trouble after they posted videos of their balcony garden on Facebook. The posts included images of plants later identified as ganja.

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

Police on Monday arrested Manisha, wife of jailed gangster Kaushal Chaudhary, for allegedly trying to extort Rs 2 crores from a hotel owner, officials said.

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.

Bangladesh is pinning its hopes on one of the nation's most acclaimed intellectuals to bring stability to a country scarred by coups and political upheaval.

On February 4, 2019, gloom settled over the iconic Brigade Parade grounds in the heart of Kolkata. Kanhaiya Kumar, then a firebrand Left leader known for his rousing speeches, had cancelled his visit to a rally just before the Lok Sabha election

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.

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.

Think of social media, and the first name that almost immediately comes to mind is Mark Zuckerberg.

A look at how American leadership has evolved through major historical events and societal changes over the past century

1. 9 Surprising Facts About Voyager 2’s Uranus Flyby  Moneycontrol
2. Potential For Life Found On Uranus' Moons, Scientists Reveal  NDTV
3. The anomalous state of Uranus’s magnetosphere during the Voyager 2 flyby  Nature.com
4. Voyager-2 visited Uranus in 1986. Something more happened when it arrived  India Today
5. Uranus and its moons may have ideal conditions for life—but Voyager 2 missed it due to one bad day  The Economic Times

1. Ricky Ponting hits back at Gautam Gambhir, calls him 'prickly character'  The Times of India
2. Ricky Ponting Fires Back At Gautam Gambhir After India Coach's Press Conference Remarks  NDTV Sports
3. A fired-up Virat Kohli is Australia's worry after Ricky Ponting's 'bad move'  The Times of India
4. Gambhir a prickly character, never took dig at Kohli: Ponting  The Hindu
5. Border-Gavaskar Trophy: Why Gautam Gambhir comes across as abrasive at times  The Indian Express

1. Magnus Carlsen interview: I probably will have the most fun playing Gukesh  Hindustan Times
2. "It's Chaotic": Chess World No. 1 Magnus Carlsen Reveals Why He Does Not Play In India  NDTV Sports
3. Tata Steel Chess set for a Carlsen-Pragg opening  Hindustan Times
4. Magnus Carlsen returns to Kolkata after almost five years at Tata Steel India Rapid and Blitz 2024  ChessBase India
5. King Carlsen hails growth of Indian chess, praises Praggnanandhaa's fighting spirit  Telegraph India

1. Pushpa 2: Sreeleela’s ‘Kissik’ song shoot wrapped up  123telugu
2. Sreeleela Earns 60 Percent Less Than Samantha Ruth Prabhu For Pushpa 2 Song? Fee Details Out  News18
3. Sreeleela's Remuneration For Pushpa 2 Item Song: Hottie Gets Only 40% Of What Samantha Got For Oo Antava  Oneindia
4. Sreeleela's renumeration for 'Pushpa 2' item song revealed; Is way lower than Samantha's 'Oo Antava'  TOI Etimes
5. Meet Sreeleela who has replaced Samantha Ruth Prabhu in Pushpa 2's hot item song; her photo with Allu Arjun l  India.com

1. Battered Reliance Shares To Make A Comeback? This Analyst Sees 29% Upside Ahead  Benzinga India
2. Reliance Industries shares may see 30% upside according to CLSA, who cites this key trigger  CNBCTV18
3. RIL shares are down 20% from record high, oversold on charts; here's what analysts say  Business Today
4. Six of India’s top 10 most valuable firms shed Rs 1.55 lakh crore in market value  Moneycontrol
5. Reliance Industries Share Price Today on 13-11-2024: Reliance Industries share price are down by -0.63%, Nifty down by -0.8%  Mint

1. 26 die as bus plunges into Indus in Diamer  DAWN.com
2. 14 Dead As Bus With Wedding Guests Falls Into River In Pak, Bride Survives  NDTV
3. A bus carrying wedding guests falls into a river in northern Pakistan, killing 18  The Times of India
4. Tragic Gilgit-Baltistan Bus Accident Claims 26 Lives During Wedding Journey  Oneindia
5. 14 Drown, 12 Missing In Pakistan After Bus Plunges Into River In PoK's Gilgit-Baltistan  News18

1. Has AIMIM’s Owaisi, the dark horse in Maharashtra elections, played a winning move?  Hindustan Times
2. Video | Maharashtra Election Will Throw Up Fractured Mandate: A Owaisi's Party Leader  NDTV
3. Owaisi backs Maratha reservation ahead of Maharashtra Assembly polls  India Today
4. Need to fight unitedly by Muslims, Maratha and Dalits: Barrister Owaisi.  Etemaad
5. No one can say Uddhav Thackrey won't go back to BJP: AIMIM  The Times of India