This paper discusses the interpretative benefits that arise from merging the Dirichlet- multinomial (DM) model as a loyalty variable in the multinomial logit (MNL) model of brand choice. The estimated ...
Unobserved heterogeneity in random utility choice models can be dealt with by specifying either a multinomial or a normal distribution of the coefficients, leading to finite mixture logit and mixed ...
A full-code demo from Dr. James McCaffrey of Microsoft Research shows how to predict the type of a college course by analyzing grade counts for each type of course. General naive Bayes classification ...