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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does customer churn refer to?
💡 Hint: Think about the customers a company loses.
Question 2
Easy
What type of model can be used to predict customer retention?
💡 Hint: These models sort data into categories.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is customer churn?
💡 Hint: Think about the customers they lose.
Question 2
Which technique was used to identify fraudulent transactions in the last case study?
- Regression Analysis
- Anomaly Detection
- Time Series Analysis
💡 Hint: It involves spotting irregularities.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A telecom company developed a model to predict whether a customer would leave. Discuss how they might use this information to build loyalty programs.
💡 Hint: Consider who is at risk of leaving.
Question 2
Critique the advantages and disadvantages of using linear programming in inventory management decisions.
💡 Hint: Think about the models and data quality.
Challenge and get performance evaluation