Large-Scale Forecasting Using SAS® Viya®: A Programming Approach
3h 14m + Hands-On Practice
Available in:
Large-Scale Forecasting Using SAS® Viya®: A Programming Approach
VFSP : VFSP51
This course teaches students how to develop and maintain a large-scale forecasting project using SAS Visual Forecasting tools. For the course project, students build and then refine a large-scale forecasting system. Emphasis is initially on selecting appropriate methods for data creation and variable transformations, model generation, and model selection. Students are then asked to improve overall baseline forecasting performance by modifying default processes in the system.
Learn How To
- Convert transaction sequences to time series data.
- Accommodate a hierarchical structure associated with the time series to be forecast.
- Choose appropriate methods for handling missing values in time series data.
- Understand global systematic variation in time series that drives choices for generated model families (for example, ARIMAX, exponential smoothing).
- Understand the fundamentals and functionality restrictions embedded in model families.
- Select useful subsets of exogenous (independent) variables for input variable selection. (Note: This directly builds on the first course.)
- Understand the impact of calendar-based events and other events on forecasting performance.
- Create event variables that improve the precision of forecasts.
- Create partitions of project time series data to apply honest assessment in champion model selection.
- Interpret static effects in fitted models.
- Reconcile generated forecasts.
- Understand best practices associated with performing forecast overrides.
- Efficiently accommodate data updates and manage the forecasting system.
Who Should Attend
Analysts interested in augmenting their machine learning skills with analysis tools that are appropriate for assaying, modifying, modeling, forecasting, and managing data that consist of variables that are collected over time
Prerequisites
This course is primarily syntax based, so analysts taking this course need some familiarity with coding. Experience with an object-oriented language is helpful, as is familiarity with manipulating large tables.
SAS Products Covered
SAS Viya;SAS Visual Forecasting
Course Outline
Introduction to Large-Scale Forecasting
- The large-scale forecasting problem.
- Forecasting system overview.
- Accumulation: Transforming transactional data into time series data.
- Handling missing and zero-valued intervals.
- Aggregation: Building the data hierarchy.
- Packages for TSMODEL.
- Introduction to automatic forecasting.
- Automatic model specification.
- Automatic forecast generation.
- Custom models in the forecasting system.
- The Time Series Model (TSM) package.
- Adding custom models to the automatic forecasting system.
- Introduction to event variables.
- Creating event variables in the ATSM package.
- Creating event variables with the HPFEVENTS procedure.
- BY-group processing for event variables.
- Introduction to reconciliation.
- Basic forecast reconciliation.
- Disaggregation methods.
- Bottom-up reconciliation.
- Honest assessment and baseline performance.
- Combined model forecasts.
- Outlier detection.
- Conditional processing and error catching.
- Rolling the forecasting system forward in time.
Live Class Schedule
Duration: 21 hours
Step into our live classes and experience a dynamic learning environment where you can ask questions, share ideas, and connect with your instructor and classmates. With on-demand lab hours, you can explore the material at your own pace. Our globally acclaimed instructors will motivate you to think bigger, so you can take what you've learned and achieve your biggest goals.
This course isn't publicly scheduled, but private training and mentoring may be available. Contact us to explore options.
Private Training
Get training tailored specifically for your team, led by expert SAS instructors. Choose from virtual sessions, or training at your location (or ours). Perfect for teams seeking a customized curriculum and plenty of interaction with a SAS specialist. We'll schedule it at a time that works for you.
Mentoring Services
Take your training to the next level with personalized mentoring. While private training offers structured coursework, mentoring provides hands-on, real-time support from a subject matter expert. As you work with your own data, you'll receive expert guidance to help you uncover insights, unlock the full potential of your data, and make faster progress. Perfect for those looking to apply what they’ve learned and see quicker results.