Hey guys, welcome to yet another interesting session by Intellipaat.
We ll start off by understanding what is SAS, then we ll look at some applications
of SAS, following which we ll look at the SAS program structure and finally we ll
head on to the demo part.
So, what is SAS?
It is an analytical tool.
So, SAS basically stands for "Statistical Analysis System."
And with the help of SAS we can perform variety of analytical operations like
"Time Series Analysis", "Predictive Modeling" and "Data Management."
SAS is also a visualization tool.
With the help of SAS, we can create beautiful graphs and also build stunning dashboards
to represent our analyzed data.
So, now that we have understood what exactly is SAS, let's go ahead and look at some
of its applications.
SAS has wide applications when it comes to the finance sector
It is used in calculating"credit risk" on loans given by banks, credit unions, and other
FinTech companies.
SAS can also be used for fraud prevention by Continually monitoring transactions and
applying behavioral analytics which enables real-time decision making.
Now, SAS is used in the health-care sector
to Identify potential issues before they become a reality by analyzing diverse data sources
to predict and medically investigate patient safety signals.
It is also used to gain a more comprehensive view of patient care across a variety of conditions
and procedures by analyzing huge volumes of structured and unstructured clinical data.
SAS is also used in the automotive industry
for tasks such as "warranty claims analytics" and
"service parts optimization."
Now, we ll go ahead and look at the SAS programming structure:
Any SAS program basically comprises of these two parts:
Data Step & Proc Step
The Data step is used to create and manage data, while proc step is used to implement
different procedures for analyzing and visualizing the data.
Right, we ll head on
to the
demo
part now.