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You can use probability models to get better churn metrics. One we used in business school was the beta-geometric which gives a discrete model for heterogeneous
by mpowell 9y ago
You can use probability models to get better churn metrics. One we used in business school was the beta-geometric which gives a discrete model for heterogeneous churns (the population uses a beta distribution to describe probability of churning). http://www.brucehardie.com/papers/021/sbg_2006-05-30.pdf http://www.brucehardie.com/papers/021/sbg_2006-05-30.pdf