I want to maximize the correlation between two variables: Redemption Rate and Incentive by filtering other variables (e.g. Age, Current Balance). I’m just wondering is there any software that would automate this process, instead of me having to go through trial and error. The software would have to be able to take very large datasets (up to 8 million rows of data). Thanks.
I would suggest considering using Matlab. Not only are there a variety of statistical and optimizaton procedues but you can really customize your work and what ever you end up doing with your results. I’m sure you could probably do something like this in SAS, at worst in IML, but if you can get Matlab,you’ll add all new possibilities. If you’re not familar with it, check out the website.
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