Examining Selected Theoretical Distributions of Life Expectancy to Analyse Customer Loyalty Durability. The Case of a European Retail Bank
One of the key elements related to calculating Customer Lifetime Value is to estimate the duration of a client’s relationship with a bank in the future. This can be done using survival analysis. The aim of the article is to examine which of the known distributions used in survival analysis (Weibull,...
Main Authors: | Dominik Kubacki, Robert Kubacki |
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Format: | Article |
Language: | English |
Published: |
Lodz University Press
2020-11-01
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Series: | Acta Universitatis Lodziensis. Folia Oeconomica |
Subjects: | |
Online Access: | https://czasopisma.uni.lodz.pl/foe/article/view/4617 |
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