Expensive physical capital must be regularly maintained for optimal efficiency and long-term insurance against damage. The maintenance process usually consists of constantly monitoring high-frequency sensor data and performing corrective maintenance when the expected values do not match the actual values. An economic system can also be thought of as a system that requires constant monitoring and occasional maintenance in the form of monetary or fiscal policy.
This paper shows how to use the SSM procedure in SAS/ETS to make forecasts of expected values by using high-frequency multivariate time series. The paper also demonstrates the functionality of the new SASEFRED interface engine in SAS/ETS.
Don't miss out on SAS Innovate - Register now for the FREE Livestream!
Can't make it to Vegas? No problem! Watch our general sessions LIVE or on-demand starting April 17th. Hear from SAS execs, best-selling author Adam Grant, Hot Ones host Sean Evans, top tech journalist Kara Swisher, AI expert Cassie Kozyrkov, and the mind-blowing dance crew iLuminate! Plus, get access to over 20 breakout sessions.
Data Literacy is for all, even absolute beginners. Jump on board with this free e-learning and boost your career prospects.