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RE: st: Stata vs SPSS


From   "Nick Cox" <n.j.cox@durham.ac.uk>
To   <statalist@hsphsun2.harvard.edu>
Subject   RE: st: Stata vs SPSS
Date   Mon, 16 Oct 2006 18:40:59 +0100

So, is this what you can get in SPSS by pointing 
and clicking? 

Nick 
n.j.cox@durham.ac.uk 

Earnhart, Benjamin J
 
> Data mining, in the sense of using an AI to fit a model.  
> Done well, it
> can be very powerful (think of all the credit card and insurance fraud
> such systems prevent), but done poorly (for example training and
> predicting on the same dataset), there are some serious drawbacks.

Nick Cox
 
> > From the same horse's mouth: 
> > 
> > "SPSS is recognized as a leader in the 
> > predictive analytics market space. 
> > Predictive analytics, which combines 
> > advanced analytics and decision optimization, 
> > will continue to be a focus for the organization 
> > as it seeks to increase marketplace understanding 
> > of the business benefits that predictive 
> > analytics provides." 
> > 
> > Anyone know what this means? 
 
> > > http://www.spss.com/corpinfo/history.htm

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