Question

List the attributes you will consider where you have to do a predictive modelling whether a customer will turn back or not.

Answer 1

List the attributes you will consider where you have to do a predictive modelling whether a customer will turn back

Specifically, some of the different types of predictive models are:

Ordinary Least Squares.

Generalized Linear Models (GLM)

Logistic Regression.

Random Forests.

Decision Trees.

Neural Networks.

Multivariate Adaptive Regression Splines (MARS)

Answer 2

Explanation:

Predictive analytics is the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data.

The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future.