What inspired this Wish List Request?
There is no visual indicator in Predictor Screening to identify which columns are good predictors, or predict better than random noise. The request is to show a threshold line in the predictor screening report where columns have more predictive power than random noise. Currently this needs to be done by generating columns of random values and using them in the report. It would be useful for Predictor Screening to just do this automatically as without it, it is impossible to tell where to cut off the list of good predictors.
Please describe the new or improved feature or solution you would like to see.
The feature would look something like this. Several random value columns are included in the report so the user gets a visual cue as to where the random noise prediction level is in the report. A slider in the report that allows you to set a F-ratio (or equivalent) threshold which would then dynamically select the top predictors in the report as well as in the data table is what comes to mind as the key missing feature here.
What would the value be to you and/or other users if this new feature is provided?
Helps users determine which predictor columns to use in a data model, as opposed to just using some arbitrary criteria like top 10.
Is this an external customer request?
No
Is there a competitive software package that has this feature or solution that we should be aware of?
No
Will this impact a renewal, expansion, or adoption at a customer, and does this put an account at risk if we do not address this?
No
