topic predict procedure? in Statistical Procedures

predict procedure?

QLi — Thu, 28 Jul 2011 20:41:53 GMT

There is the new service in the industry. I need to price it. First I think I need to predict which client will used it. Which procedure should I use to do it? I don't have

SAS^® Enterprise Miner.

Thanks in advance.

predict procedure?

art297 — Thu, 28 Jul 2011 20:48:17 GMT

Since you are only talking about predictive modelling, I would think the questions you would have to answer are what similar event could you model and what factors do you know that could be used as independent variables. Even without EG, you still might have access to procs like reg, decision trees (there is a macro available for those), logistic regression, cluster analysis, etc.

predict procedure?

QLi — Thu, 28 Jul 2011 21:04:13 GMT

I very appreciated your response.

I have the indepent variables such as, customer's age, gender, credit score, income, martial status... . These are assumed to affect the customer future behavior patterns. Since I don't have history depent vairable data which is Y/N binary vairable, I don't how to restrict or define depent vaiable.

predict procedure?

art297 — Thu, 28 Jul 2011 21:14:37 GMT

Whether or not those same people have purchased a similar product.