Ranking Potential Customers Based on Group-Ensemble
Zhi-Zhuo Zhang,
Qiong Chen,
Shang-Fu Ke,
Yi-Jun Wu,
Fei Qi and
Ying-Peng Zhang
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Zhi-Zhuo Zhang: South China University of Technology, China
Qiong Chen: South China University of Technology, China
Shang-Fu Ke: South China University of Technology, China
Yi-Jun Wu: South China University of Technology, China
Fei Qi: South China University of Technology, China
Ying-Peng Zhang: South China University of Technology, China
International Journal of Data Warehousing and Mining (IJDWM), 2008, vol. 4, issue 2, 79-89
Abstract:
Ranking potential customers has become an effective tool for company decision makers to design marketing strategies. The task of PAKDD competition 2007 is a cross-selling problem between credit card and home loan, which can also be treated as a ranking potential customers problem. This article proposes a 3-level ranking model, namely Group-Ensemble, to handle such kinds of problems. In our model, Bagging, RankBoost and Expending Regression Tree are applied to solve crucial data mining problems like data imbalance, missing value and time-variant distribution. The article verifies the model with data provided by PAKDD Competition 2007 and shows that Group-Ensemble can make selling strategy much more efficient.
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jdwm00:v:4:y:2008:i:2:p:79-89
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