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

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==<div style="background: #404041;font-weight: light; padding:0.3em; text-transform:uppercase;letter-spacing:0.1em;font-size:18px; font-family: 'Century Gothic'"><font color=#ffffff><center>Finals</center></font></div>==
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==<div style="background: #404041;font-weight: light; padding:0.3em; text-transform:uppercase;letter-spacing:0.1em;font-size:18px; font-family: 'Century Gothic'"><font color=#ffffff><center>Survival Analysis</center></font></div>==
 
 
  
 
== Survival Analysis ==
 
== Survival Analysis ==

Revision as of 17:22, 23 April 2017

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Exploratory Mid-Term Finals

Survival Analysis

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.