3. Clients of Mdavimler Meyhanesi come to the restaurant 5 times a month on average. What...
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3. Clients of Müdavimler Meyhanesi come to the restaurant 5 times a month on average. What is the average inter-purchase time of Müdavimler per customer? (assume that a month is 30 days) (10 points) 4. The defection rate of the time-deposit clients of White Bank is 20%? a) What is retention rate of White Bank's time deposit clients? (5 points) b) What is the life time duration of White Bank's time deposit clients? (5 points) 5. Compute the P (Active) of each of the three customers within the sixth month of activity, for the following clients. a) Customer A bought 4 times within first 3 months out of the observed 6 months. (5 points) b) Customer B bought 2 times within first 4 months out of the observed 6 months. (5 points) c) Customer C bought 3 times within first 5 months out of the observed 6 months. (5 points) 3. Clients of Müdavimler Meyhanesi come to the restaurant 5 times a month on average. What is the average inter-purchase time of Müdavimler per customer? (assume that a month is 30 days) (10 points) 4. The defection rate of the time-deposit clients of White Bank is 20%? a) What is retention rate of White Bank's time deposit clients? (5 points) b) What is the life time duration of White Bank's time deposit clients? (5 points) 5. Compute the P (Active) of each of the three customers within the sixth month of activity, for the following clients. a) Customer A bought 4 times within first 3 months out of the observed 6 months. (5 points) b) Customer B bought 2 times within first 4 months out of the observed 6 months. (5 points) c) Customer C bought 3 times within first 5 months out of the observed 6 months. (5 points)
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3 To find the average interpurchase time of Mdavimler per customer we can use the information that c... View the full answer
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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