Applied Data Mining for Forecasting Using SAS. Tim Rey

Applied Data Mining for Forecasting Using SAS - Tim Rey


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      The correct bibliographic citation for this manual is as follows: Rey, Tim, Arthur Kordon, and Chip Wells. 2012. Applied Data Mining for Forecasting Using SAS®. Cary, NC: SAS Institute Inc.

      Applied Data Mining for Forecasting Using SAS®

      Copyright © 2012, SAS Institute Inc., Cary, NC, USA

      ISBN 978-1-60764-662-4 (Hardcopy)

      ISBN 978-1-62959-799-7 (EPUB)

      ISBN 978-1-62959-800-0 (MOBI)

      ISBN 978-1-61290-093-3 (PDF)

      All rights reserved. Produced in the United States of America.

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      U.S. Government License Rights; Restricted Rights: The Software and its documentation is commercial computer software developed at private expense and is provided with RESTRICTED RIGHTS to the United States Government. Use, duplication or disclosure of the Software by the United States Government is subject to the license terms of this Agreement pursuant to, as applicable, FAR 12.212, DFAR 227.7202-1(a), DFAR 227.7202-3(a) and DFAR 227.7202-4 and, to the extent required under U.S. federal law, the minimum restricted rights as set out in FAR 52.227-19 (DEC 2007). If FAR 52.227-19 is applicable, this provision serves as notice under clause (c) thereof and no other notice is required to be affixed to the Software or documentation. The Government's rights in Software and documentation shall be only those set forth in this Agreement.

      SAS Institute Inc., SAS Campus Drive, Cary, North Carolina 27513-2414.

      July 2012

      SAS® and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries.® indicates USA registration.

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      Contents

       Preface

       Chapter 1 Why Industry Needs Data Mining for Forecasting

       1.1 Overview

       1.2 Forecasting Capabilities as a Competitive Advantage

       1.3 The Explosion of Available Time Series Data

       1.4 Some Background on Forecasting

       1.5 The Limitations of Classical Univariate Forecasting

       1.6 What is a Time Series Database?

       1.7 What is Data Mining for Forecasting?

       1.8 Advantages of Integrating Data Mining and Forecasting

       1.9 Remaining Chapters

       Chapter 2 Data Mining for Forecasting Work Process

       2.1 Introduction

       2.2 Work Process Description

       2.2.1 Generic Flowchart

       2.2.2 Key Steps

       2.3 Work Process with SAS Tools

       2.3.1 Data Preparation Steps with SAS Tools

       2.3.2 Variable Reduction and Selection Steps with SAS Tools

       2.3.3 Forecasting Steps with SAS Tools

       2.3.4 Model Deployment Steps with SAS Tools

       2.3.5 Model Maintenance Steps with SAS Tools

       2.3.6 Guidance for SAS Tool Selection Related to Data Mining in Forecasting

       2.4 Work Process Integration in Six Sigma

       2.4.1 Six Sigma in Industry

       2.4.2 The DMAIC Process

       2.4.3 Integration with the DMAIC Process

       Appendix: Project Charter

       Chapter 3 Data Mining for Forecasting Infrastructure

       3.1 Introduction

       3.2 Hardware Infrastructure

       3.2.1 Personal Computers Network Infrastructure

       3.2.2 Client/Server Infrastructure

       3.2.3 Cloud Computing Infrastructure

       3.3 Software Infrastructure


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