## SEGMENTATION OF CUSTOMERS USING RFM MODEL

Customer Lifetime Value Customer Lifetime Value (CLV), also known as Life-time Value (LTV), is the present value of the future cash flows from the customer during his or her entire…

Free Data Science eBooks

## Free Data Science eBooks

Here is a list of free books for DataScience and MachineLearning that are worth checking out: ðŸ“• Statistics Think Stats â€“ Probability and Statistics https://lnkd.in/gjAs_s9 Statistical Inference for Data Science…

Random Forest machine Learning Classification and Regression Techniques

## Random Forest

CART (Classification and Regression Trees) An Introduction and Motivation for choosing CART: Two of the very basic ideas behind any algorithm used for predictive analysis are : - prediction on…

Market Basket Analysis using Apriori Algorithm

Market Basket Analysis in R: From Sellers to Intelligent Sellers The Main Idea: The term â€˜E-commerceâ€™ is well known to all of us. Well, it means trade and business through…

## Kmeans Clustering

When the input data is unlabeled and we have to find hidden patterns or clusters in the data set unsupervised learning comes in the picture. In clustering what we do…

point estimation vs interval estimation

## Point Estimation

So far we know that when the constants of a population (the parameters) are unknown, we estimate them by finding estimates based on the samples drawn from the same…

## How to Use Probability Distribution to Understand Your Data Critically

Is there any basis why probability distribution has to be talked about? What are its uses in understanding data? Can it show a sense of relevance according to one's needs?…

## Data Analytics: How to Use Graphs to Present Your Data Smartly

When we say data, these Â involve numbers or texts or symbols that represent some pieces of information. More often than not, we can see numbers. Because numbers are involved, it…

## HOW TO USE DESCRIPTIVE ANALYTICS

DESCRIPTIVE ANALYTICS How frequently you use statistical analyses in your work? Â Is it every day? Every week? Every quarter? Annually?None at all? Now it is time together your data and…

churn modelling

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