Question: Consider a yoga studio that has implemented an analytics model. The system can identify that 'Bob' will most likely not renew his membership. It suggests

Consider a yoga studio that has implemented an analytics model. The system can identify that 'Bob' will most likely not renew his membership. It suggests an incentive that is likely to get him to renew based on historical data. The next time 'Bob' comes into the studio, the system will prompt an alert to the membership relations staff to offer him an incentive or talk to him about continuing his membership. In this scenario what type/s of analytics has been used in real time to remedy customer churn before it takes place? Explain the type/s of analytics in detail.

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