Behavioural modelling - scenario for creating analysis and base selections
Predict people who are likely to buy a specific type of insurance cover within 3 months of making a holiday booking.
In this scenario:
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Base group – comprises of people who have made a holiday booking
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Analysis group – comprises of people who have made a holiday booking and then purchased insurance cover.
We need to study:
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Base group - behaviours before people made their booking.
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Analysis group - behaviours before people purchased the insurance cover.
For related topics see Behavioural modelling - setting up the environment