1. A person written paper in your paper or video/webinar: (this must be about 2 pages of written textual content, it may be extra relying in your paper and whether or not or not you do an illustration of the approach)
Part #1: will briefly summarize and describe the paper’s goal.
Part #2: will briefly describe the SAS procedures/strategies (or SAS code) used, present an outline of any examples/purposes and maybe illustrate your individual demo of the procedures. When you really feel the strategy is past your present ability degree you’ll be able to simply describe what they did. Some use of the SAS documentation could also be required if the syntax shouldn’t be properly defined within the paper.
Part #three: will talk about the questions you have been requested and your solutions to these questions.
Part #four: will briefly describe why the paper is of curiosity to you and supply commentary on the paper. The commentary ought to embody some methods the paper might be improved, and a few sentences on whether or not you suppose this paper and/or approach can be helpful to you or a normal SAS person.
The grade can be accomplished primarily based on:
-Was the paper properly written and grammatically appropriate?
-Had been all sections current?
-Had been written explanations clear?
-Was an illustration accomplished if acceptable?
For Section3 Questions requested and Solutions are given are-
1) What’s the goal of utilizing the SAS Forecasting studio for E-commerce knowledge?
· For big-scale automated forecasting, SAS Forecast Studio is a extremely succesful system. It has a graphical person interface for customers to work with.
· It performs automated parameter optimization and mannequin choice, which is a time-consuming process in open-source and lots of different methods that will use the identical time collection fashions.
· Utilizing SAS Forecast Studio reduces improvement time drastically.
· This method can simply handle occasions like public holidays or the yearly spring sale through the use of the front-end and back-end macros in SAS Forecast Server named PROC HPFEVENTS.
2) Are you able to clarify the exponential smoothing approach used on this paper?
· Exponential Smoothing Strategies are a household of forecasting fashions. They use weighted averages of previous observations to forecast new values. Right here, the concept is to present extra significance to latest values within the collection. Thus, as observations grow old (in time), the significance of those values will get exponentially smaller.
· The exponential smoothing technique produces a time development forecast
Reference: https://betterprogramming.pub/exponential-smoothing-methods-for-time-series-forecasting-d571005cdf80
