sas

Vocabulary Word

Definition

'SAS' stands for 'Statistical Analysis System'. Think of it as a tool that companies use to analyze lots of data, which helps them make better decisions and predict what might happen in the future.

Examples in Different Contexts

In clinical research, 'SAS' is often used for analyzing clinical trial data and generating statistical reports required for regulatory submissions. A clinical researcher might say, 'SAS plays a crucial role in our ability to quickly analyze trial results and comply with FDA regulations.'

Practice Scenarios

Urban-Planning

Scenario:

The new subway can potentially alter the city's traffic flow. Simulating the impact would mitigate our assumptions.

Response:

I agree. Using SAS to simulate the new subway's impact might give us a more accurate view of the traffic changes.

Business

Scenario:

Our sales have been inconsistent over the past months. It's time to analyze the patterns and recalibrate our strategy.

Response:

Utilising SAS for our sales data can provide us important insights and guide us in making strategic decisions.