7. The following multinomial logistic regression model predicts the TYPE of a retail customer (single, family, or

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7. The following multinomial logistic regression model predicts the TYPE of a retail customer (single, family, or business) based on the average amount that they spend per visit, SPEND, and the average frequency of their visits, FREQ:

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Use this model to make predictions for the following query instances:

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Fundamentals Of Machine Learning For Predictive Data Analytics Algorithms Worked Examples And Case Studies

ISBN: 9780262029445

1st Edition

Authors: John D. Kelleher, Brian Mac Namee, Aoife D'Arcy

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Question Posted: Oct 04, 2024 07:03 AM

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7. The following multinomial logistic regression model predicts the TYPE of a retail customer (single, family, or

Question:

Mw Mw single Wfamily Mw business (q) = logistic(0.7993-15.9030 x SPEND + 9.5974 FREQ) (q) = logistic(3.6526+-0.5809 x SPEND -17.5886 x FREQ) (q) = logistic(4.6419+ 14.9401 x SPEND - 6.9457 FREQ)

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Fundamentals Of Machine Learning For Predictive Data Analytics Algorithms Worked Examples And Case Studies

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