Level: Intermediate
Job Function: Analyst / Scientist / Engineer
Industry: Cross Industry
Peter Hersh, JMP Senior Systems Engineer, SAS
One of the marquee features in JMP Pro 14 is the Functional Data Explorer (FDE). But what is "functional data" and how exactly do we "explore" it? Functional data is everywhere. It takes the form of sensor data, transactional data, chemical spectra – the list goes on. The common thread is that it can be challenging to analyze. Moreover, we generally don't want to analyze the functional data directly; we want to work with the underlying information – the functions that are producing the observed data. The FDE helps us do this. It serves as a tool for both exploratory analysis and dimension reduction to help us use the functional information in other modeling techniques. In this presentation, I will show the new analytical problems JMP can answer using FDE through several case studies from industrial, chemometric and the financial domains. Along the way, I will demonstrate FDE and some of the tips and tricks learned while helping customers understand how powerful this new platform truly is.
