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Piece Wise Linear Regression Tool

I suggest adding a piece wise linear regression tool to the predictive tool set.  Many times, modelers in the insurance business  (and others) like to play around with the model, i.e. placing knots/splines at multiple intervals then after seeing the results, changing where those knots are placed.  This gives the best fit based not only on mathematical technical knowledge but also domain/tribal knowledge, especially when training data sets are small.  

 

Currently, we have to try and develop our own model matched with a macro which changes the r-code.  To date, there has been no luck, but maybe the Alteryx excellent customer support would get the developers to do this for us and then...........we could finally bury SAS in the ground.

3 Comments
edley
5 - Atom

Definitely want this!

Community_Admin
Alteryx
Alteryx
Status changed to: Inactive
 
Community_Admin
Alteryx
Alteryx

The status of this idea has been changed to 'Inactive'. This status indicates that:

 

1. The idea has not had activity in the form of likes or comments in over a year.

2. The idea has not reached ten likes.

3. The idea is still in the 'New Idea' status. 

 

However, this doesn't mean your idea won't be implemented! The Community can still like and comment on this idea. With enough renewed interest, this idea can be brought back into the 'New Idea' status. 

 

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