Calculate and plot lift given a set of data

Assignment Help Basic Statistics
Reference no: EM13861558

For this assessment, do research in order to perform analyses based on real-world examples of data mining applications in business:
Select data from a project with which you are associated that has to do with profitability. For example, develop ten different customer profiles with their rates of profitability.

-Employ representative statistical-analysis software to calculate and plot lift.

-Calculate and plot lift, given a set of data, and analyze optimal policy.

-Analyze the data to determine the optimal policy for enhancing profitability.

-Present the results of your analysis in a concise and compelling manner, using effective communication strategies and appropriate business terms. Show your work and paste figures or tables (as necessary) into a Word document.

Reference no: EM13861558

Questions Cloud

Inverted-u hypothesis : Summarize Kuznets's Inverted-U Hypothesis and discuss the conceptual merits and limitaions of this hypothesis, especially in reference to African countries.
Discuss change in demand resulted in change in market price : Find out equilibrium price and output for the following market condition. Discuss a change in demand resulted in a change in the market price. Provide an example of how a change in supply resulted in a change in the market price. How does the price m..
Environmental protection take toward resolving externality : Which type of approach does the Environmental Protection Agency take toward resolving externality problems? To maximize social welfare when there are no externalities, __________ must be equal to __________.
Analyzing the article - materialism and consumer ethics : You are required to present your summary and analysis in a PPT presentation that should include the following: Introduction and context of the article / Research question and objectives / important concepts / methodology / Main findings / your opi..
Calculate and plot lift given a set of data : Calculate and plot lift, given a set of data, and analyze optimal policy. Analyze the data to determine the optimal policy for enhancing profitability.
Capital is on the vertical axis of isoquant map : Walmart is laying off cashiers, and increasingly adopting the policy where customers must use self checkout or pay a fee. Jason Clarke is the manager of a Walmart. There are 20 cashiers and 8 self-checkout stations in this store to serve 1000 custome..
How do you explain the use of time value of money : How do you explain the use of time value of money
Inventory and cost of goods sold : 1. Topeka tool Works reports the monthly values for its inventory and cost of goods sold for the most recent twelve months as follow:
Interested in buying two types of goods : Sam is interested in buying two types of goods, x and y. He can either use all his income to buy 3 units of x and 9 units of y, or 9 units of x and 3 units of y. If he spends all his income on x, how many units can he buy?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Population growth model for austin

In 1990, the population of Austin, Texas, was 494,290. During the next 10 years, the population increased by about 3% each year.

  Consider the relationship reported for the quadriceps

consider the relationship reported for the quadriceps strength index 120degs and the hop index r 0.744 p 0.000. what

  Introduction to fit a fifth-order autoregressive model

You are given an annual time series with 40 consecutive values and asked to fit a fifth-order autoregressive model.

  Assuming that the expected monetary value criterion is

a speculator is considering the purchase of a commodity that he reckons has a 60 of increasing in value over the next

  Caffeine consumption-activity level for school children

Two researchers are both interested in the relationship between caffeine consumption and activity level for elementary school children. Each obtains a sample of n = 20 children.

  Regression equation-value of y-intercept

In regression equation, the value of y-intercept indicates the value of Y when the value of X is zero.

  Create the confidence interval about mean value

Create the 95% confidence interval about mean value of y, number of days absent, given x = 95 degrees, and = 0.449x - 30.27

  Freshmen pursuing a business degree at a university

Among 500 freshmen pursuing a business degree at a university, 347 are enrolled in an economics course, 247 are enrolled in a mathematics course, and 120 are enrolled in both an economics and a mathematics course. What is the probability that a..

  Population are normally distributed-variance test

Choose the proper conclusion regarding the claim that the population have different variances.

  Find the probability that a randomly selected adult

In a 0ne-tail test (l side) with z score of 1.645, what are the percentages for critical value and non-critical value?

  Construct a table the average number of patients

Construct a table the average number of patients - A variable that reflects the inter-arrival times of patients.

  At the 001 level of significance test the claim that the

question the expense of moving the storage yard for the consolidated package delivery service cpds is justified only

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd