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.
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.
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.
Whether or not those same people have purchased a similar product.
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.
ANOVA, or Analysis Of Variance, is used to compare the averages or means of two or more populations to better understand how they differ. Watch this tutorial for more.
Find more tutorials on the SAS Users YouTube channel.