Tuesday, June 23, 2015

Classification of customers based on given business rules

Calc has been used to create 500 records of customers (simulated) and business rules have been applied to classify them. The file is available at  https://drive.google.com/file/d/0B6PHuk6I5SxbOWExbnVkaW9ndjA/view?usp=sharing

2 comments:

  1. A) Annual total premium: <1 lac(0), 1-3 lacs(1), 3-8 lacs(2),>8 lacs(3)
    B) Claim history: Yes(0), No(1)
    C) Age: < 30 yrs(0), >=30 yrs(!)
    D) Annual Income: <8 lacs(0), 8-25 lacs(!), > 25 lacs(2)

    1) Excellent customer: Premium>8 lacs, Claims: no, Age<30yrs, Annual Income > 25 lacs
    2) High valued: Premium: 3-8 lacs, Claims: No, Age: any, Annual Income: 8-25 lacs
    3) Valued: Premium: 1-3 lacs, claims: any, age: any, Annual Income< 8 lacs

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  2. Solution file is at https://drive.google.com/open?id=0B5y8cM619JSvTHJMODAzLS04TWM

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