Data Mining Problems in Retail
Highly Scalable
MARCH 10, 2015
This approach can be expressed in more formal way by the following equation: where is the data available for analysis, is the space of a retailer’s actions and decisions, is an econometric model defined as a function of actions and data, and is the optimal strategy. Thomas, 2006. McFadden, 1974. Fano, 2002. Guo, M.Fraser, 2009.
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