Will the Customer Survive or Not in the Organization?: A Perspective of Churn Prediction Using Supervised Learning

Will the Customer Survive or Not in the Organization?: A Perspective of Churn Prediction Using Supervised Learning

Neelamadhab Padhy, Sanskruti Panda, Jigyashu Suraj
Copyright: © 2022 |Pages: 20
DOI: 10.4018/IJOSSP.300753
OnDemand:
(Individual Articles)
Available
$37.50
No Current Special Offers
TOTAL SAVINGS: $37.50

Abstract

Context: The technology of machine learning and data science is gradually evolving and improving. In this process, we feel the importance of data science to solve a problem. Objective: In this article our main objective is to predict the customer churn, i.e. whether the customer will leave the telecom service or they will continue with the service. In this paper, we have also followed some statistical measures like we have computed the mean, standard deviation, min, max, 25%, 50%, 75% values of the data. Mean is the average value of the data values. The standard deviation is a measure of the amount of variation or dispersion of a set of values. Conclusion: We have done an extensive data pre-processing and built Machine Learning models, and found out that among all the models Logistic regression gives the best performance i.e 81.5%., and hence we chose that as our final model to indicates the churn prediction
Article Preview
Top

1. Introduction

Machine learning and data science technology are gradually evolving and improving. Because of this process in many practice fields, we feel the importance of data science to solve a problem. Here we will discuss a real word telecom dataset. This research focuses on employees between the ages of 20 and 39, who are thought to be the key contributors to any organization's highest turnover rate. We have to predict whether the customer will leave the telecom service or continue with the service using a machine learning algorithm. In this dataset, we will apply several algorithms and techniques. We have to observe that which of the applied technique gives the best result on the dataset. Accordingly, we have to find the best fit model for the dataset. Employees that are motivated to boost their productivity are more likely to be more productive overall. This means that managers should devote more time to this area of their jobs to obtain a deeper understanding of it. Employees may be aware of their goals and the significance of those goals. The technology of machine learning and data science is gradually evolving and improving. In this process in many of the practice fields, we feel the importance of data science to solve a problem. One of the reasons why data science is important is that we can make high-valued predictions that can guide better decisions and smart actions in real-time without human intervention through data science. Here we will discuss an accurate word telecom dataset. We have to predict whether the customer will leave the telecom service or continue using a machine learning algorithm. In this dataset, we will apply several algorithms and techniques. We have to observe which of the applied technique gives the best result on the dataset. Accordingly, we have to find the best fit model for the dataset. Khan, Y., Shafiq, S., Naeem, A., Hussain, S., Ahmed, S., &Safwan, N. (2019). In this article, telecom data of Pakistan is given the job is to build a model that can predict whether the customer is switching to a different service provider or is sticking to the same service provider. Here Deep learning ANN model is used, and the accuracy is 79%. In this article, Brandusoiu, I., & Toderean, G. (2013). We are given a dataset of 3333 records that contains21 attributes. Here Support Vector Machine Algorithm is used to predict the customer churn so that the telecom service can get improvised. The model uses the Polynomial kernel function to predict churners and non-churners, and its accuracy is 88.56%. This article analyzes how work stress factors, quality of leadership, work motivation, organizational culture, and job satisfaction affect turnover intention. Prasada, P. P. B., &Sawitri, N. N. (2019), this research Structural Equation Model (SEM) analysis method is used, and Partial Least Square (PLS) analysis tool is used. The study found that work stress and job satisfaction have an impact on the likelihood of leaving. Qualities of leadership, motivation at work, and organizational culture, on the other hand, have little bearing on the possibility of turnover. The empirical data of 350 Kuwaiti mobile telephone subscribers are examined in this study.

Complete Article List

Search this Journal:
Reset
Volume 15: 1 Issue (2024): Forthcoming, Available for Pre-Order
Volume 14: 1 Issue (2023)
Volume 13: 4 Issues (2022): 1 Released, 3 Forthcoming
Volume 12: 4 Issues (2021)
Volume 11: 4 Issues (2020)
Volume 10: 4 Issues (2019)
Volume 9: 4 Issues (2018)
Volume 8: 4 Issues (2017)
Volume 7: 4 Issues (2016)
Volume 6: 1 Issue (2015)
Volume 5: 3 Issues (2014)
Volume 4: 4 Issues (2012)
Volume 3: 4 Issues (2011)
Volume 2: 4 Issues (2010)
Volume 1: 4 Issues (2009)
View Complete Journal Contents Listing