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You are working for a large retail store and are in charge of increasing the revenue of gardening equipment. You are considering sending out a
You are working for a large retail store and are in charge of increasing the revenue of gardening equipment. You are considering sending out a $ coupon for gardening equipment to a select set of customers. Your budget is limited to about $ You have decided to run a trial and use $ on customers. The results are in What are your next steps?
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Build two models predicting gardening revenue, one on the and one on customers without the option and target those where the difference between the model on the and the model on all the others was the biggest
Build a predictive model on the customers using purchase in garden vs not as target, make predictions on all customers and pick the with the highest probability.
Build a predictive model on the customers predicting they total generated revenue minus $ and apply that model to all customers and pick the with highest predictions!
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