Online retailer is interested in predicting

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Questions

1. An online retailer is interested in predicting how much additional revenue they would receive if they offered a 10%-email coupon to customers. Would a classification model which we have covered in class work in solving this problem? Briefly explain why/why not.

2. A private high school is interested in predicting which students are likely to drop- out {i.e. stop coming to class) in the next 2 months, so they can proactively reach out with counseling services and support. They have historical data on student demographics, academic performance, and which students dropped out in the past. How might they do this?

Reference no: EM133312322

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