Date:         Tue, 23 May 2006 14:00:02 -0700
Reply-To:     shiling99@YAHOO.COM
Sender:       "SAS(r) Discussion" <SAS-L@LISTSERV.UGA.EDU>
From:         shiling99@YAHOO.COM
Organization: http://groups.google.com
Subject:      Re: How Stepwise Regression works in SAS?
Comments: To: sas-l@uga.edu
In-Reply-To:  <1148405609.341860.84780@i40g2000cwc.googlegroups.com>
Content-Type: text/plain; charset="iso-8859-1"

Without a solid stat knowledge, sound knowledge about the field you
research and good understanding of the data,  stepwise or any other
auto model selection approach is just as same as "garbage in and
garbage out".

HTH


chandu.isi@gmail.com wrote:
> Hi JB,
>
>          If not stepwise then what is the option/technique?
>
> Thanks for your suggestion,
> Chandrasekhara Rao.
>
> Jonas Bilenas wrote:
> > On Mon, 22 May 2006 05:18:15 -0700, chandu.isi@GMAIL.COM wrote:
> >
> > >
> > >            Actually we implemeted some model called " Prescreen Model"
> > >to send some special offers to the customers based on their spending
> > >history of data...something like this.
> > >
> >
> > With OCC regulations, it is hard to believe stepwise regression still
> > exists in the credit world.  Stop using it!
> >
> > Jonas Bilenas
> > Decision Science
> > JP Morgan Chase Bank
> > Wilmington DE 19801