Anyone About to Leave? Predicting the Customer Churn of a Telecommunications Provider

Telecommunications service providers face considerable pressure to expand and retain their subscriber base. One of the biggest cost factors are customers cancelling their contracts. Innovative service providers therefore have learned to use machine learning to predict which of their customers … Continued

Will they Buy or just Browse? Predicting Purchase Intentions of Online Shoppers with Python

Many online shops welcome countless visitors each day. However, only a fraction of these visitors will actually make a purchase. The rest just browses through the websites and does not make a transaction. This blog post is dedicated to the … Continued

Evaluate Time Series Forecasting Models with Python

Time series forecasting models Evaluating the performance of forecasting models is important and a crucial step in their development. This is especially the case for time series forecasting models. Compared to classification models, time series predictions cannot easily be divided … Continued

Measuring Prediction Errors in Time Series Forecasting (Python Cheat Sheet)

Measuring prediction errors in time series forecasting Measuring prediction errors is an important step in the process of developing a predictive machine learning model. In time series forecasting, model performance is typically measured with different error metrics, each of which … Continued

Multi-step Time Series Forecasting with Python: Step-by-Step Guide

Multi-step time series forecasting Time series forecasting is about estimating the future value of a time series on the basis of past data. Many time series problems can be solved by looking a single step into the future. I have … Continued

Geographic Heat Maps: Visualizing COVID-19 Data

Create geographic heat maps using GeoPandas Currently, there is a great need to provide relevant information on COVID-19. Geographic heat maps are particularly suitable for this purpose. A geographical heat map shows a map in which different regions or elements … Continued