Search icon CANCEL
Subscription
0
Cart icon
Your Cart (0 item)
Close icon
You have no products in your basket yet
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Practical Predictive Analytics

You're reading from   Practical Predictive Analytics Analyse current and historical data to predict future trends using R, Spark, and more

Arrow left icon
Product type Paperback
Published in Jun 2017
Publisher Packt
ISBN-13 9781785886188
Length 576 pages
Edition 1st Edition
Languages
Tools
Arrow right icon
Author (1):
Arrow left icon
Ralph Winters Ralph Winters
Author Profile Icon Ralph Winters
Ralph Winters
Arrow right icon
View More author details
Toc

Table of Contents (13) Chapters Close

Preface 1. Getting Started with Predictive Analytics FREE CHAPTER 2. The Modeling Process 3. Inputting and Exploring Data 4. Introduction to Regression Algorithms 5. Introduction to Decision Trees, Clustering, and SVM 6. Using Survival Analysis to Predict and Analyze Customer Churn 7. Using Market Basket Analysis as a Recommender Engine 8. Exploring Health Care Enrollment Data as a Time Series 9. Introduction to Spark Using R 10. Exploring Large Datasets Using Spark 11. Spark Machine Learning - Regression and Cluster Models 12. Spark Models – Rule-Based Learning

Time-based variables


Up until now, we have treated all of our variables as static, that is, they maintained their original values measured from the beginning of the measurement period.

In reality, values such as age and marital status change over time, and these changes can be accounted for by the model. In the marketing context, surveys might be administered after the study has begun. Based upon changes in some of these variables, coupons and other incentives might be offered (interventions) with the purpose of changing customer behavior. In the model, these interventions can also be accounted for.

In our example, we will introduce a hypothetical second survey, which was introduced 6 months into the measurement period and measured the effect of treating some of the unsatisfied customers.

Changing the data to reflect the second survey

The following code uses the survSplit function to create a new record a time period 6 that will reflect the response to a second hypothetical customer survey administered...

lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at $19.99/month. Cancel anytime
Banner background image