Market Response Project
- pandas, numpy, matplotlib, seaborn, plotly, sklearn, xgboost
Market Response Model
- Building the uplift formula
- Exploratory Data Analysis (EDA) & Feature Engineering
- Scoring the conversion probabilities
- Observing the results on the test set
Uplift Modeling
- Predict the probabilities of being in each group for all customers: build a multi-classification model
- Calculate the uplift score. (US = TR + CN – TN – CR)
- TR(Treatment Responders): Customers that will purchase only if they receive an offer
- TN(Treatment Non-Responders): Customer that won’t purchase in any case
- CR(Control Responders): Customers that will purchase without an offer
- CN(Control Non-Responders): Customers that will not purchase if they don’t receive an offer