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a Search Google or lype a URL M Gmail Cocolor Final Exam Engineering Statistics Part1 (1h00) Name: D Exercisel: A compan

Posted: Fri Dec 24, 2021 9:57 am
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A Search Google Or Lype A Url M Gmail Cocolor Final Exam Engineering Statistics Part1 1h00 Name D Exercisel A Compan 1
A Search Google Or Lype A Url M Gmail Cocolor Final Exam Engineering Statistics Part1 1h00 Name D Exercisel A Compan 1 (61.27 KiB) Viewed 171 times
a Search Google or lype a URL M Gmail Cocolor Final Exam Engineering Statistics Part1 (1h00) Name: D Exercisel: A company wants to estimate the probability that a customer will churn (switch to a different company in the next six months. With a reasonably accurate prediction of a person's likelihood of churning, the sales and marketing groups can attempt to retain the customer by offering various incentives. Data on 8,000 current and prior customers was obtained. The variables collected for each customer follow • Age (years) Churned contacts (count)-Number of the customer's contacts that have churned (count) Churned (true/false)-Whether the customer churned - . Customer Age (Years) Churned Contacts Churned (true/false) 1 50 1 Truc 2 30 3 True 3 28 6 False : : ҫ 7999 20 : False 1 8000 20 3 True 1 Using your engineering statistical knowledge about regression, express a statistical model to achieve the goal of the company (Explain what the response variable (y) in your model and the tricks you use to convert your model into a regression equation). Answer
900 NO 1 Using your engineering statistical knowledge about regression, express a statistical model to achieve that the company (Explain what the response variable (y) in your model and the tricks you use to convert your model into a regression equation) Answer 2 We assume that after analyzing the data and fitting your model, you find that: y = 3.5 -0.16 x (Age) + 0.38 x (Churned_Contacts) Give a statistical interpretation about the impact of the age and Churned Contacts
Answer a 3. Suggest a metric to assess the error rate of your model. Answer