To model customer value, a consultant decided to aggregate the amount ($) individual customers spent over a 2-year span.
With reference to the outcome variable, whichaction should the consultant take?
Create five bins of revenues, ranging from Very High Value, high Value, average Value, Low Value, and very Low Value in dataflow.
Select the option: Are you expecting a whole number greater than or equal to 0?
Create five bins or revenue, ranging from very high Value, High Value, Average Value, Low Value, and Very Low Value in data prep.
Select to minimize the outcome variable.
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