Difference between revisions of "ANLY482 AY2016-17 T2 Group21 : Finals"

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Due to the censored demand identified during our exploratory analysis, using survival analysis provides a way for us to handle such hidden values.
 
Due to the censored demand identified during our exploratory analysis, using survival analysis provides a way for us to handle such hidden values.
 
Survival analysis will be performed using the JMP built-in survival functions. We will be using two features:
 
Survival analysis will be performed using the JMP built-in survival functions. We will be using two features:
Basic survival function
+
1. Basic survival function
Applies Kaplan-Meier estimator to account for censored values
+
- Applies Kaplan-Meier estimator to account for censored values
(Cox) proportional hazards fit
+
2. (Cox) proportional hazards fit
Fits a linear model between predictors (explanatory variables) and the hazard function.
+
- Fits a linear model between predictors (explanatory variables) and the hazard function.
 
Parameters estimates show how predictors affect the hazard function.
 
Parameters estimates show how predictors affect the hazard function.

Revision as of 17:21, 23 April 2017

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Exploratory Mid-Term Finals

Finals

Survival Analysis

Due to the censored demand identified during our exploratory analysis, using survival analysis provides a way for us to handle such hidden values. Survival analysis will be performed using the JMP built-in survival functions. We will be using two features: 1. Basic survival function - Applies Kaplan-Meier estimator to account for censored values 2. (Cox) proportional hazards fit - Fits a linear model between predictors (explanatory variables) and the hazard function. Parameters estimates show how predictors affect the hazard function.