Purchase Probability Prediction : Predicting likelihood of a new customer returning for a second purchase using machine learning methods

When a company evaluates a customer for being a potential prospect, one of the key questions to answer is whether the customer will generate profit in the long run. A possible step to answer this question is to predict the likelihood of the customer returning to the company again after the initial p...

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Bibliographic Details
Main Authors: Alstermark, Olivia, Stolt, Evangelina
Format: Others
Language:English
Published: Umeå universitet, Institutionen för matematik och matematisk statistik 2021
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-184831