ANLY482 AY2016-17 T2 Group21 : Finals
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.