Rick Wicklin from SAS recently wrote a very nice article about simulating data for a logistic regression model. (I have been a loyal reader for years.) I thought it would be interesting to see if we can do the same thing in Excel using Analytic Solver Platform. Yes!
Xlminer is a popular data mining package that commonly uses Excel applications. It is designed with versatile functions that are comprehensive to do any data mining task. In most cases, Xlminer is used to examine the relationship that exists between different data sets. We all know that data mining is a field that is growing at a significant rate. It has become an exciting area of study due to its intermingling of conceptual applications from programming, artificial intelligence, and statistics. Xlminer is designed to encompass all these applications together for a cohesive data analysis in different forms. Through that, it can easily carry out data classification, exploration, and affinity analysis. Also, Xlminer gives a user an option to choose a suitable methodology for an analysis by comparing results.
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