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:
 +
 
1. 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
 +
 
 
2. (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.