A classification model for a two-class (New product purchase) discrimination process using multiple-criteria linear programming

Kenneth D. Lawrence, Dinesh R. Pai, Ronald K. Klimberg, Stephan Kudyba, Sheila M. Lawrence

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter reports results of a numerical simulation for a new financial product service. The example has two explanatory variables — income and savings — and it classifies purchasers and non-purchasers of the new financial product service. The example compares weighted linear programming (WLP), logistic regression, and discriminant analysis (Mahalanobis method).

Original languageEnglish (US)
Title of host publicationData Mining Methods and Applications
PublisherCRC Press
Pages295-304
Number of pages10
ISBN (Electronic)9781420013733
ISBN (Print)9780849385223
DOIs
StatePublished - Jan 1 2007

All Science Journal Classification (ASJC) codes

  • General Computer Science
  • General Economics, Econometrics and Finance
  • General Business, Management and Accounting

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