Abstract
For direct marketing forecasting models, this study applied machine learning and stochastic optimization using Bayesian networks learned by evolutionary programming. The results of a ten-fold cross-validation experiment suggest that Bayesian networks have distinctive advantages over competing methods in accuracy of forecast, transparency of procedures, interpretability of results, and explanatory insight.
Original language | English |
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Publication status | Published - 2005 |
Event | Triennial Meeting of the International Federation of the Operation Research Societies - United States, Hawaii, United States Duration: 1 Jul 2005 → 1 Jul 2005 http://ifors.org/conference-programs/2005-program.pdf |
Conference
Conference | Triennial Meeting of the International Federation of the Operation Research Societies |
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Abbreviated title | IFORS Triennial Conference |
Country/Territory | United States |
City | Hawaii |
Period | 1/07/05 → 1/07/05 |
Other | INFORMS/IFORS |
Internet address |