DocumentCode
2371085
Title
Postprocessing decision trees to extract actionable knowledge
Author
Yang, Qiang ; Yin, Jie ; Ling, Charles X. ; Chen, Tielin
Author_Institution
Dept. of Comput. Sci., Hong Kong Univ. of Sci. & Technol., Kowloon, China
fYear
2003
fDate
19-22 Nov. 2003
Firstpage
685
Lastpage
688
Abstract
Most data mining algorithms and tools stop at discovered customer models, producing distribution information on customer profiles. Such techniques, when applied to industrial problems such as customer relationship management (CRM), are useful in pointing out customers who are likely attritors and customers who are loyal, but they require human experts to postprocess the mined information manually. Most of the postprocessing techniques have been limited to producing visualization results and interestingness ranking, but they do not directly suggest actions that would lead to an increase the objective function such as profit. Here, we present a novel algorithm that suggest actions to change customers from an undesired status (such as attritors) to a desired one (such as loyal) while maximizing objective function: the expected net profit. We develop these algorithms under resource constraints that are abound in reality. The contribution of the work is in taking the output from an existing mature technique (decision trees, for example), and producing novel, actionable knowledge through automatic postprocessing.
Keywords
customer relationship management; data mining; decision trees; optimisation; actionable knowledge extraction; customer model; customer profile; customer relationship management; data mining algorithm; decision trees postprocessing; human expert; profit-based objective function; Computer science; Customer profiles; Customer relationship management; Data mining; Decision trees; Heuristic algorithms; Humans; Industrial relations; Mining industry; Visualization;
fLanguage
English
Publisher
ieee
Conference_Titel
Data Mining, 2003. ICDM 2003. Third IEEE International Conference on
Print_ISBN
0-7695-1978-4
Type
conf
DOI
10.1109/ICDM.2003.1251008
Filename
1251008
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