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FREE! SAS Sample Data Sets for Forecasting

Started ‎04-18-2022 by Modified ‎06-01-2022 by Views 13,185

SAS provides tons of data sets for free to use with our analytics products for demonstrating the software capabilities, testing out your custom programs and pipelines, and training purposes. But how do you know which data sets are appropriate for forecasting? Where can you find these data sets? How do you make them ready for forecasting? This post will help you figure out which sample data sets can be used for forecasting.

Forecasting can be done in both SAS Visual Analytics (using the Forecasting object) and in SAS Visual Forecasting. Below I’ll show some of the readily available data sets that will work well for either or both of these products. Some will work straight out of the box. Others will require a bit of massaging.

I’ll discuss three categories of SAS Sample Data Sets:

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The first thing you need for forecasting is an historic record over time with a date, time or datetime variable. This variable must be in the proper format to use it in SAS, i.e., it must be a SAS date, SAS time, or SAS datetime. Also, in the ideal world you would have at least six full cycles of any significant cycles or seasons. So, for example, if there are annual cycles, and you want to forecast the next year, ideally you would have six years of data.

While there are a lot of time series data sets, some of them do not have independent variables. This means that you cannot demonstrate either scenario analysis or goal seeking. Others do not have categories and so do not allow you to demonstrate hierarchical forecasting. So to fully understand and illustrate the power of SAS forecasting tools (SAS Visual Analytics forecasting object and SAS Visual Forecasting), your data should include: