SAS Enterprise Miner—Time Series Node

SAS Enterprise Miner is the SAS solution for data mining, streamlining the data mining process to create highly accurate predictive and descriptive models. Enterprise Miner’s process flow diagram eliminates the need for manual coding and reduces the model development time for both business analysts and statisticians. The system is customizable and extensible; users can integrate their code and build new nodes for redistribution.

The Time Series node is a method of investigating time series data. It belongs to the Modify category of the SAS SEMMA (sample, explore, modify, model, assess) data mining process. The Time Series node enables you to understand trends and seasonal variation in large amounts of time series and transactional data.

The Time Series node in SAS Enterprise Miner enables you to do the following:

• perform time series analysis

• perform forecasting

• work with transactional data