1627 search results for "excel"

Calculating Customer Lifetime Value with Recency, Frequency, and Monetary (RFM)

December 23, 2013
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Calculating Customer Lifetime Value with Recency, Frequency, and Monetary (RFM)

Introducing Customer Lifetime Value (CLV) Customer Lifetime Value is “the present value of the future cash flows attributed to the customer during his/her entire relationship with the company.”1 There are different kinds of formulas, from simplified to advanced, to calculate CLV.  But the following one might be the one being used most commonly:- Where, t

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24 Days of R: Day 22

December 22, 2013
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24 Days of R: Day 22

I like to use Goodreads to keep track of which books I'm reading (and not reading). They very helpfully sent me an e-mail to inform me how many books I've read so far in 2013. The number is 19. Hardly an impressive number, but between job, family and trying to develop my R skills, I'm

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Giving R the strengths of Stata

December 19, 2013
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Giving R the strengths of Stata

This is not a partisan post that extols the virtues of one software package over another. I love Stata and R and use them both all the time. They each have strengths and weaknesses and if I could only take … Continue reading →

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Book Review: Analyzing Baseball Data with R

December 17, 2013
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Book Review: Analyzing Baseball Data with R

by Max Marchi and Jim Albert (2014, CRC Press)The Sabermetric bookshelf, #3Here we have the perfect book for anyone who stumbles across this blog--the intersection of R and baseball data. The open source statistical programming environment of R is a gr...

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Revolution R Enterprise 7 now generally available

December 16, 2013
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Now that the limited availability period is complete, we're pleased to announce that Revolution R Enterprise 7 is now generally available for all customers on the following platforms (see the detailed list of supported platforms): Windows and Red Hat Enterprise Linux workstations Windows, Red Hat Enterprise Linux and SUSE Linux servers Platform LSF and Microsoft HPC Server clusters Cloudera...

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24 Days of R: Day 11

December 11, 2013
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24 Days of R: Day 11

I don't know how often Michael Caine appeared in a Shakespearean work, but I'm sure that he has and I'm sure that he was excellent. A bit pressed for time today, so just a simple word cloud featuring the full text of King Lear. I found the text at a website that I presume is

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Part 3: Random Forests and Model Selection Considerations

December 10, 2013
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Part 3:  Random Forests and Model Selection Considerations

I want to wrap this series up on the breast cancer data set and move on to other topics.  Here I will include the random forest technique and evaluate all three modeling techniques together, including the conditional inference tree and bootstrap a...

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Adobe Analytics Implementation Documentation in 60 seconds

December 9, 2013
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When I was working as a digital analytics consultant, no question quite had the ability to cause belly laughs AND angst as, “Can you send me an updated copy of your implementation documentation?” I saw companies that were spending six-or-seven-figures annually on their analytics infrastructure, multi-millions in salary for employees and yet the only way Adobe Analytics Implementation...

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Storing package data in custom environments

Storing package data in custom environments If you do R package development, sometimes you want to be able to store variables specific to your package, without cluttering up the users workspace. One way to do this is by modifying the global options. This is done by packages grDevices and parallel. Sometimes this doesn't seem to work quite right (see this...

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Tim Hortons Density

Tim Hortons Density

Tim Hortons Density Inspired by this post, I wanted to examine the locations and density of Tim Hortons restaurants in Canada. Using Stats Canada data, each census tract is queried on Foursquare for Tims locations. Setup options(stringsAsFactors = F) require(timmysDensity) require(plyr) require(maps) require(ggplot2) require(geosphere) Statistics Canada Census Data The actual Statistics Canada data at the dissemination block level can be downloaded from here. You will want to...

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