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Jul 30,2025
Making Bayesian Statistics Accessible to Everyone – Edition 1: From Frequentist to Bayesian Statistics
Introduction Statisticians draw data from a subset of the population, known as a sample, which should be representative of the whole. Analyses are then conducted on the sample with the intention of making reliable inferences…
Jul 29,2025
Case Study: Predicting Customer Sensitivity to Interest Rate Changes – A Step-by-Step Binary Classification Approach Using Random Forest
Introduction A leading retail bank aims to optimize the pricing of its credit portfolio by predicting how sensitive its customers are to changes in interest rates. This case study provides a step-by-step walkthrough of how…
Jul 03,2025
Revenue Forecasting for Supermarket Chains: A Case Study with an Anonymous Supermarket Chain in Germany
I. Introduction and Problem Description Project Overview In this project, we present a robust end-to-end framework for forecasting daily revenue across multiple locations of an anonymous supermarket chain. Leveraging historical transaction data, the framework employs…
Jul 03,2025
Case Study: Identifying Claim-Prone Customer Segments for a Car Insurance Provider
I. Introduction and Problem Description This case study offers a step-by-step guide to applying segmentation algorithms, with a particular focus on their use in a car insurance context. The code for this analysis is available…
Jun 07,2025
Making SAS Accessible to Everyone – Edition 20: Knowledge Quiz Part 3
Introduction Welcome to Edition 20 of Making SAS Accessible to Everyone. This final quiz installment tests your knowledge of concepts from Editions 14 to 17, including: Combining tables Processing repetitive code Restructuring data tables Introduction…
Jun 07,2025
Making SAS Accessible to Everyone – Edition 19: Knowledge Quiz Part 2
Introduction Welcome to Edition 19 of Making SAS Accessible to Everyone. This edition is the second quiz in our review series. It focuses on key topics covered in Editions 9 to 13, including: SQL processing…