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Capabilities
Performance Management | Program Evaluation
Simulation Modeling | Statistical Modeling | Survey Analysis Customer Profiling | Relocation & Economic Development
Statistical Modeling
EconSys analysts are trained in many types of
research designs. In analyzing data, our staff utilize
the most advanced statistical and mathematical applications,
including time-series forecasting, generalized least square
econometrics, logit and probit categorical dependent variable
analysis, survival modeling, causal path modeling, and
analytic hierarchy process.
In addition, we have developed many in-house computer
programming routines for tackling various specialized
research topics. Data mining programming and tools search
data warehouses for finding solutions that are then implemented
in real-world situations. Listed below are some of the
data-mining methodologies employed by our firm:
• Causal Path
Modeling (CPM) is a comprehensive approach that can be
used to
analyze multiple linkages between variables, even those
variables
that are influential yet not directly observable. CPM
is an advanced
statistical tool based on structural equation modeling
technique.
• Neural network
(artificial intelligence) programming is used to sift
through
data for patterns that will predict behavior and uncover
hidden,
often non-linear, patterns.
• Cluster analysis
is used to group similar people together based on similar
data characteristics.
• Discriminant
analysis is a classification method that measures the
importance
of factors determining membership within a defined category.
• Decision Trees
utilizing CHAID and CART algorithms separate out data
into sets of rules which are likely to have a different
effect on a target
variable.
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