/* ---- Google Analytics Code Below */

Wednesday, April 04, 2018

Modeling Product Cannibilization with Bayesian Nets

Currently investigating further applications for the use of Bayesian nets.

Another interesting example of the use of Bayesian networks, here  to model Product cannibalization, under conditions of uncertainty. 

Stefan Conrady, Managing Partner at Bayesia USA & Singapore: Bayesian Networks for Research, Analytics, and Reasoning

Quantifying Product Cannibalization with Bayesian Networks
The example uses new car model introduction as an example, and interestingly compares it to modern machine learning techniques using pattern recognition.

Here is the latest installment of our popular BayesiaLab webinar series.   .... "

No comments: