What Is Uplift Modeling

question 9

Multiple Choice

What is uplift modeling?

• A)a place where customer service representatives answer customer inquiries and solve problems, usually by email, chat, or phone
• B)customers use the web to find answers to their questions or solutions to their problems
• C)a system that gathers product details and issue resolution information, which can be automatically generated into a script for the representative to read to the customer
• D)a form of predictive analytics for marketing campaigns that attempts to identify target markets or people who could be convinced to buy products

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Definitions:

Cluster Sampling

A probability sampling method in which existing groups or geographic areas, called clusters, are identified. Clusters are randomly sampled and then everyone in the selected clusters participates in the study.

College Cafeteria

A dining establishment located within a college that provides meals to students, faculty, and sometimes the public.

Probability Sampling

Type of sampling procedure in which one is able to specify the probability that any member of the populationwill be included in the sample.

Specific Population

A specific population refers to a defined group of individuals who share one or more characteristics for the purposes of research or study.