classification_1

Classification problems: lift curve or classification table?

Classification problems: lift curve or classification table? The common idea of classifying is to look at “small groups” of records, and evaluate if we should put them a 1 or a 0 when it comes to a particular target. For example, if I am interested in figuring out who will get cancer, I can “build”
blog_11

Not all lifts are born equal

Not all lifts are born equal Let’s return to the same example as for the previous section about “CRM tools”. Let’s assume that you want to do a direct-mail marketing campaign for one of your product. You must find all the customers that are susceptible to buy your product and send them a brochure or