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Author:Montgomery, D.
Swinnen, G.
Vanhoof, K.
Title:Comparison of some AI and statistical clasification methods for a marketing case
Journal:European Journal of Operational Research
1997 : DEC, VOL. 103:2, p. 312-325
Index terms:DECISION SUPPORT SYSTEMS
ARTIFICIAL INTELLIGENCE
STATISTICAL METHODS
Language:eng
Abstract:This paper presents a number of different classification methods. The Gatekeeper-procedure can be seen as predecessor of modern rule induction tools. The relationship between statistical analysis and rule induction s complex. Machine learning methods do not force a decision into a functional form, as discriminant and logit or probit procedures do. Rule induction methods will better reflect the actual decision-making behavior. The case study shows that for marketing applications, rule induction is a potentially powerful tool to examine buyer behavior in a way quite different from existing statistical methods.
SCIMA record nr: 171452
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