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Prize winner
Published by: Darden Business Publishing
Originally published in: 2017
Version: 23 August 2018
Revision date: 10-Sep-2018

Abstract

This is part of a case series. This case, along with its B case (UVA-QA-0865), is an effective vehicle for introducing students to the use of machine learning techniques for classification. The specific context is predicting customer retention based on a wide range of customer attributes/features. The specific techniques could include (but are not limited to): regressions (linear and logistic), variable selection (forward/backward and stepwise), regularizations (eg, LASSO), classification and regression trees (CART), random forests, graduate boosted trees (xgboost), neural networks, and support vector machines (SVM). The case is suitable for an advanced data analysis (data science) class at all levels: upper-level business undergraduate, MBA, EMBA, as well as specialized graduate or undergraduate programs in analytics (eg, masters of science in business analytics [MSBA], masters of management analytics [MMA]) and/or in management (eg, masters of science in management [MScM], masters in management [MiM, MM]).

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Time period

The events covered by this case took place in 2013.

Featured company

Scholastic Travel Company
Industry:
Travel

Featured protagonist

  • David Powell (male), Data Analyst

About

Abstract

This is part of a case series. This case, along with its B case (UVA-QA-0865), is an effective vehicle for introducing students to the use of machine learning techniques for classification. The specific context is predicting customer retention based on a wide range of customer attributes/features. The specific techniques could include (but are not limited to): regressions (linear and logistic), variable selection (forward/backward and stepwise), regularizations (eg, LASSO), classification and regression trees (CART), random forests, graduate boosted trees (xgboost), neural networks, and support vector machines (SVM). The case is suitable for an advanced data analysis (data science) class at all levels: upper-level business undergraduate, MBA, EMBA, as well as specialized graduate or undergraduate programs in analytics (eg, masters of science in business analytics [MSBA], masters of management analytics [MMA]) and/or in management (eg, masters of science in management [MScM], masters in management [MiM, MM]).

Teaching and learning

This item is suitable for undergraduate, postgraduate and executive education courses.

Settings

Time period

The events covered by this case took place in 2013.

Featured company

Scholastic Travel Company
Industry:
Travel

Featured protagonist

  • David Powell (male), Data Analyst

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