In a typical churn model, in which interceding with a potential churner is relatively cheap but losing

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In a typical churn model, in which interceding with a potential churner is relatively cheap but losing a customer is expensive, which error is more costly, a false negative or a false positive (where positive=customer predicted to churn)? Explain.

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Data Mining And Predictive Analytics

ISBN: 9781118868676

2nd Edition

Authors: Daniel T Larose, Chantal D Larose

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