What is bin in SAP BI-RA-PA - SAP Predictive Analytics?

SAP Term: bin

• Component: BI-RA-PA

• Component Name: SAP Predictive Analytics

• Description: Range of values defined by its bounds upper bound and lower bound. Bins result from a data manipulation activity known as binning.

Smart SAP Assistant

• Key Concepts: 
  A bin is a type of data structure used in SAP Predictive Analytics. It is used to group data into discrete categories, such as age ranges or income brackets. Bins are used to create more meaningful insights from data by allowing for more granular analysis. 
  
  How to use it: 
  In SAP Predictive Analytics, bins can be created by selecting a variable and then defining the categories that should be included in the bin. For example, if you wanted to create a bin for age ranges, you could define the categories as 0-18, 19-35, 36-50, and 51+. Once the bins have been created, they can be used to analyze data and generate insights. 
  
  Tips & Tricks: 
  When creating bins, it is important to ensure that the categories are meaningful and relevant to the analysis. Additionally, it is important to ensure that the bins are evenly distributed so that each category has an equal number of observations. 
  
  Related Information: 
  Bins are similar to clusters in that they both allow for more granular analysis of data. However, clusters are typically used for unsupervised learning while bins are used for supervised learning. Additionally, bins are often used in conjunction with other techniques such as regression or classification.