13. TheRealReal is an online luxury fashion retail platform. Their data science team wants to build a statistical model to predict whether a person visiting their website will make a purchase. One of the key predictor variables is the number of TheRealReal advertisements that the person has seen while browsing other websites. If the data science team wants to accurately capture the relationship between number of ads and purchase likelihood, what types of models would you suggest? What are the relevant advantages/disadvantages from each model? You could include mathematical equations in your answer 11
13. TheRealReal is an online luxury fashion retail platform. Their data science team wants to build a statistical model to predict whether a person visiting their website will make a purchase. One of the key predictor variables is the number of TheRealReal advertisements that the person has seen while browsing other websites. If the data science team wants to accurately capture the relationship between number of ads and purchase likelihood, what types of models would you suggest? What are the relevant advantages/disadvantages from each model? You could include mathematical equations in your answer 11
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:13. TheRealReal is an online luxury fashion retail platform. Their data science team
wants to build a statistical model to predict whether a person visiting their website
will make a purchase. One of the key predictor variables is the number of
TheRealReal advertisements that the person has seen while browsing other
websites. If the data science team wants to accurately capture the relationship
between number of ads and purchase likelihood, what types of models would you
suggest? What are the relevant advantages/disadvantages from each model? You
could include mathematical equations in your answer
17
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