1)You have 3 data mining opportunities that have the following information:

A: Building models to target patient/users of health services

# of patients: 1000

Cost per patient: $500

B: Building models to forecast call center volumes in a call center

# of days:765

average cost per day: 100

C: Building a defection model to target high value customers who are most likely to leave

# of customers: 100000

Marketing effort cost per customer: $2.00

Prioritize the above initiatives

2)A company is unhappy with the results of a model despite the fact that the model is statistically sound.What are 2 reasons for this this

3)Besides prioritizing initiatives by $ opportunity, what are 2 other questions that you might ask to help better define the problem