Question: Please show step-by-step with these questions below. Please show Excel formulas how to get to the answers. the variables in BBB.sav dataset that I classify

Please show step-by-step with these questions below. Please show Excel formulas how to get to the answers.

the variables in BBB.sav dataset that I classify into 5 categories, is (YOUTHBOOK).

How to upload the SPSS syntax reflecting the binning that was conducted on the variable on the Youthbook which I have chosen

Help me with the steps in conducting: The columns for R, F, and M (independent n-tiles) in BBB plus a column with the new (5-level) binned variable.

I need the formula for calculating $ profits if I mail to all segments at or above break-even when using the model with my new binned variable.

Step to find out how many customers will be mailed, how many buyers will be obtained, and what the gross profits will be if the company uses your improved model.

What is the difference in $ profits at BBB if they use the enhanced model versus an ordinary (independent) RFM model in determining the catalog mailing strategy? How much more money will the firm make with your model?

https://rutgers.instructure.com/courses/277034/modules/items/9471290

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!