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Use Survival analysis to solve business problem, such as:

  • use survival analysis to predict customer churn rate
  • use survival analysis and poisson distribution to predict customer lifetime value

Table of Content:

  • life table Kaplan Meier plot
  • Log-rank test
  • Hazard Function and Ratio
  • Simple Cox model
  • Multiple Cox model
  • Use Survival analysis in predicting Churn Rate
  • Use Survival analysis in predicting Customer Lifetime Value

Data:

Reference: