IOWA Chapter
of the American Statistical Association

Newsletter   March/April  2009

Please mark April 22, 2009, on your calendars.  Plan to attend the upcoming chapter event, which includes a talk, dinner, and business meeting.    (To attend the dinner,  we ask that you make a reservation as soon as possible and before Wednesday, April 15, 2009.)  

Chapter Event at Grinnell College

Date:   Wednesday, April 22, 2009

Schedule of Events:

Talk:                         4:30  Rm 1023 Science Building, Grinnell College   (directions)
Dinner:                     6:30  Jimbo's Pizza (directions)
Business Meeting:     7:30  Jimbo's Pizza

Talk:

4:30pm, 1023 Science Bldg, Grinnell College

Joint Speakers:   Pam Schmidt (Risk Management),   Jason Downey  (Marketing),  Tara Osborne  (Risk Management),   Wells Fargo Financial, Des Moines.

Title:   "Wells Fargo Financial-Statistical Applications for Customer Life-Cycle Management"

Abstract:    Credit, marketing and behavioral scoring are some of the techniques utilized to manage consumers through the life-cycle of their relationship with Wells Fargo Financial. WFF team members will share how they apply statistical techniques for accepting/rejecting a customer's application for a bank related product (auto loan, credit card, or real estate loan), as well as determining who would be likely to respond to a product offering. After a relationship has been established, behavioral modeling is applied for management of customer's line of credit and how to focus operations when reaching out to customers that have difficulty repaying their credit obligations.

Dinner:  

6:30pm,  Jimbo's Pizza (reservations requested).   The cost for the pizza buffet dinner will be $7.99 per person. You can pay
when you get to Jimbo's.

Instructions for Making Dinner Reservations.   Because an approximate head count is necessary, we ask that you make a reservation by emailing Joe Lang at joseph-lang@uiowa.edu  by Wednesday, Apri 15, 2009. Joe asks that you include the phrase "Dinner Reservation" in the subject
line of your email reservation. In your message, please include (1) your name and (2) the number having dinner.

Business Meeting

7:30pm,  Jimbo's Pizza.

Agenda: 

Election of officers.  Please email your nominations (self-nominations are encouraged) and any other agenda items to Rhonda DeCook before April 15, 2009.

Other items:  TBA.  

Travel Directions

From I-80:   Take exit 182 north three miles on Highway 146. Turn east (right) on Sixth Avenue (Highway 6).  Proceed three blocks to the corner of Sixth Avenue and Park St., which is the southwest corner of campus. Continue along Sixth Avenue, around the south end of campus, across the railroad tracks to East St.  Turn left onto East St. The first available right hand turn will put you into a parking lot directly across the street from a long series of connected dorms that run along East St. This lot will say that it is restricted to either Faculty-Staff or Students, but you should park there anyway; Campus Security has assured us that they will not ticket cars. Cross the street, enter dorm loggia, and ask directions to the Science Building. You can find a campus map at: http://webserver.grinnell.edu/aboutinfo/map/.   The Science Building is labeled EH on that map. Signs in the Science Building will direct you to Room 1023.

Those coming from Ames will probably take U.S. 30 to Route 146, south to Grinnell.  Find Route 6 and continue as above.

Those coming from the Cedar Falls area on Route 63, will turn right at Route 6, drive about 10 miles into Grinnell from the east. Several blocks after entering town you will see East St. Turn right and find the parking lot immediately on your right.

Last updated:  Friday, April 03, 2009 01:00:27 PM -0600,  Joseph B. Lang