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Home » Software Databases » Databases Data Mining » Estimating Campaign Benefits Estimating Campaign Benefits in Software Databases Directory |
Assessing the potential of data mining based marketing campaigns one needs to estimate the payoff of applying modeling to the problem of predicting behavior of some target population. We present a methodology for initial costbenefit analysis and present surprising empirical results, based on actual business data from several domains, on achievable model accuracy.
Website: http://www.kdnuggets.com/gpspubs/kdd99-est-ben-lift/
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