A machine learning project focused on building a regression model to predict the monetary value of customer purchases.
This repository contains a comprehensive data science project aimed at predicting the purchase value of customers. By analyzing historical transaction data and customer behavior, this project develops a predictive model that helps businesses forecast revenue, optimize marketing strategies, and personalize customer experiences. The model provides insights into which factors most influence a customer's spending, allowing for more informed business decisions.
The key stages of this project include:
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Data Preprocessing and Cleaning: Handling missing values, standardizing data, and preparing it for model training.
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Exploratory Data Analysis (EDA): Visualizing data to uncover patterns and relationships between customer attributes and purchase value.
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Feature Engineering: Creating new features from raw data (e.g., is_purchase, average purchase frequency) to improve model accuracy.
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Model Training and Evaluation: Building and training various regression models and evaluating their performance using metrics like Mean Absolute Error (MAE) and Root Mean Squared Error (RMSE).
Source Link: https://www.kaggle.com/competitions/engage-2-value-from-clicks-to-conversions/data
The project relies on a dataset of customer transaction and behavioral data. While the specific dataset is hypothetical, it would typically contain features such as:
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User Behavior & Session Metrics
- totalHits, pageViews, totals.bounces, new_visits, totals.visits: Indicators of user engagement and session activity.
- sessionNumber, sessionStart: Information related to session sequence and timing.
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Device & Technical Attributes
- deviceType, os, browser, screenSize, device.browserSize, device.language: Details about the user's device and browsing environment.
- browserMajor, device.*: Encompasses a variety of device-level descriptors such as model, version, and screen specifications.
- gclIdPresent: Signals the presence of a Google Click ID used in ad tracking.
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Traffic & Marketing Source
- userChannel, trafficSource, trafficSource.medium, trafficSource.keyword, trafficSource.campaign: Insights into how users arrived at the platform.
- trafficSource.adwordsClickInfo.*: Contains attributes from advertising sources, including ad network type and slot.
- trafficSource.adContent, trafficSource.referralPath, trafficSource.isTrueDirect: Provide further attribution details.
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Geographical Context
- geoNetwork.city, locationCountry, geoNetwork.continent, geoNetwork.subContinent, geoNetwork.metro, geoNetwork.region: Geographic identifiers to help understand regional behavior trends.
- geoCluster, locationZone: Groupings based on geographic or behavioral patterns.
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Identifiers
- userId, sessionId: Unique identifiers for each user and session, allowing for multi-session analysis.
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Target Variable
- purchaseValue: The amount (in currency units) spent by the customer during the session. This is the target variable to be predicted.
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Python: The core programming language.
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Pandas & NumPy: For efficient data manipulation and numerical operations.
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Scikit-learn: The main library for building, training, and evaluating regression models.
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Matplotlib & Seaborn: For data visualization and exploratory data analysis.
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Regression Analysis: The fundamental machine learning technique applied in this project.
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Jupyter Notebooks: For an interactive development environment.
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Git & GitHub: For version control.