Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Promoted
How do you calculate likelihood of customer making a purchase, given past trends?
I know the average number of purchases each customer makes per month. When they signed up for our program and the date of the last purchase. How do I build a model to calculate the chance of them making a purchase in the next month?
1 Answer
Relevance
- Adrian SLv 77 years ago
You need to use the Poisson Distribution
P(x) = e^-u*u^x/x! where u is the estimate of the true mean and x is the number of occurrences
Still have questions? Get your answers by asking now.