Applying feature selection methods to improve the predictive model of a direct marketing problem
Tan, Ding-Wen, Sim, Yee-Wai and Yeoh, William 2011, Applying feature selection methods to improve the predictive model of a direct marketing problem, in Software engineering and computer systems, Springer-Verlag, Heidelberg , Germany, pp.155-167.
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Applying feature selection methods to improve the predictive model of a direct marketing problem
The ability to forecast job advertisement demands is vital to enhance the customer retention rate for recruitment companies. On top of that, it is uneconomical to cold call every individual on a regular basis for companies with a large pool of customers. This paper presents a novel approach in predicting the re-ordering demand of a potential group of SMEs customers in a large online recruitment company. Two feature selection techniques, namely Correlation-based Feature Selection (CFS) and Subset Consistency (SC) Feature Selection, were applied to predictive models in this study. The predictive models were compared with other similar models in the absence of feature selections. Results of various experiments show that those models using feature selections generally outperform those without feature selections. The results support the authors’ hypothesis that the predictive model can perform better and further ahead than similar methods that exclude feature selection.
Notes
Proceedings of the Second International Conference on Software Engineering and Computer Systems [ICSECS 2011], Kuantan, Pahang, Malaysia, June 27-29, 2011
ISBN
9783642221699 3642221696
ISSN
1865-0929
Edition
1st
Language
eng
Field of Research
080699 Information Systems
Socio Economic Objective
970108 Expanding Knowledge in the Information and Computing Sciences