Programming the statistical procedures from SAS

predict procedure?

Reply
Contributor QLi
Contributor
Posts: 57

predict procedure?

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.

PROC Star
Posts: 7,416

predict procedure?

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.

Contributor QLi
Contributor
Posts: 57

predict procedure?

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.

PROC Star
Posts: 7,416

predict procedure?

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

Ask a Question
Discussion stats
  • 3 replies
  • 134 views
  • 6 likes
  • 2 in conversation