Questions tagged [business-intelligence]

business intelligence is statistics and data analysis of business information.

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13
votes
3answers
11k views

RFM & customer lifetime value modeling in R

Can anybody tell me how to do recency, frequency & monetary value (RFM) modeling & customer value modeling in R? Also, can somebody refer me some literature on it?
2
votes
1answer
175 views

Algorithm to evaluate whether you should buy now or wait [closed]

I'm currently in search of an algorithm that can determine whether or not it's time to buy something (an item, a stock, a service, etc.) given an history of prices (30, 50, 100, ...). My idea is ...
1
vote
1answer
1k views

Combining metrics for score card

We are building a score card system to measure the performance of various groups in the organization. The scores are generated by true / false metrics on individual transactions that each group ...
6
votes
7answers
4k views

What is the best tool for customer segmentation?

I have a customer data set with the following data: The number of purchases that each customer made The Date that they made each purchase The Date that they signed up The amount they spent on ...
1
vote
0answers
127 views

Building business intelligence tool — where to start?

I'm currently a web developer with a backgound mainly in server side technologies however I've always had an interest in probability so recently I've been exploring building a dummy betting platform ...
4
votes
2answers
170 views

Checking what attributes of a population made objects more likely to do certain action

I'm pretty lost at how to approach this, and particularly with regards to the terminology; so please feel free to point to resources, fix my question name, etc. Thanks. I used R back in college, I've ...
1
vote
1answer
1k views

How should I compare average store sales change across time?

I have what seems like a fairly common business statistics scenario: I need to compare one group of stores to another group of stores and be able to say if their difference in sales is statistically ...
3
votes
4answers
3k views

Useful statistical functions for business — for use by a newbie

I am a database developer working for a sales and manufacturing business. I am mostly ignorant about statistics. We need useful metrics. Our managers are tuned to accounting, and the vagaries of ...

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