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Output of fraud analysis

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Super Contributor
Posts: 426

Output of fraud analysis

I need to do detect a fraud using SAS EMiner. Appreciate if someone tell me the stuffs to look in output after running the fraud program.

 

I would be thanksful if someone give me the skeleton to conduct a fraud analysis in SAS EMiner.

 

Thank you!

Super User
Posts: 17,780

Re: Output of fraud analysis

It doesn't work like that. It can be very subject specific. 

Fraud can be 0/1 but then you could do a second stage model to account for,the amount. The variables that go in the model can vary significantly based on subject area and the type of variables will impact the type of analysis possible. 

 

If you haven't already I would suggest working through the following guide:

 

http://www.sas.com/store/books/categories/usage-and-reference/predictive-modeling-with-sas-enterpris...

Super Contributor
Posts: 426

Re: Output of fraud analysis

Thanks for the insights. Appreciate if you write me the very short answer for my question. Because it would stay in memory for long time when compared to bookish languague. 

 

Tutorial which you mentioned seems to be a paid material. Could you please direct me to the some free tutorial?

 

Thank you!

Super User
Posts: 17,780

Re: Output of fraud analysis

Look for false positive rate and model accuracy primarily including type 1 & 2 errors. 

 

When I started learning EM this was the best resource I could find. There aren't a lot of free resources for EM. 

That was a year ago. 

 

Good Luck. 

 

 

 

Super Contributor
Posts: 426

Re: Output of fraud analysis

Thank you for the reply and I hope I can remember your words for years. I believe false positive rate can be seen in confusion matrix. May I also know how/where to find the model accuracy?

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