Machine Learning Model for increase of revenue

Tomatenmark
Tomatenmark New Altair Community Member
edited November 2024 in Community Q&A

Hi everybody,

for university I got a dataset of a telecommunication companie. I shall develop activities to increase the revenue.
I thought about churn prevention as first plan to increase revenue.

But for development of other activities I have some problems how to start.
I have a column MonthlyRevenue which is a float number and a column PercChangeRevenues which determines the change of revenue to the month before. 

So I think I have to analyse which combination of attributes leads to a high value of revenue.
Which steps do I have to do after Data preparation (missing values and so on) ? Which operators can I use?

And is it better to group revenue into intervals?
For example revenue groups:
Group 1: 0-20€
Group 2: 21-40€
Group 3: >40€

Attached you can find my data.

Thanks for support :smile: 
Marc

Best Answer

  • Telcontar120
    Telcontar120 New Altair Community Member
    Answer ✓
    I would recommend going through some of the basic tutorials in academy.rapidminer.com to learn how to set up your data and use RapidMiner.  Then I would start by trying a simple linear regression on your monthly revenue variable (your label) with your other attributes.

Answers

  • Tomatenmark
    Tomatenmark New Altair Community Member
    here is the Data File
  • Telcontar120
    Telcontar120 New Altair Community Member
    Answer ✓
    I would recommend going through some of the basic tutorials in academy.rapidminer.com to learn how to set up your data and use RapidMiner.  Then I would start by trying a simple linear regression on your monthly revenue variable (your label) with your other attributes.

Welcome!

It looks like you're new here. Sign in or register to get started.

Welcome!

It looks like you're new here. Sign in or register to get started.