A novel customer churn prediction model for the telecommunication industry using data transformation methods and feature selection.
Journal
PloS one
ISSN: 1932-6203
Titre abrégé: PLoS One
Pays: United States
ID NLM: 101285081
Informations de publication
Date de publication:
2022
2022
Historique:
received:
17
04
2022
accepted:
09
11
2022
entrez:
1
12
2022
pubmed:
2
12
2022
medline:
6
12
2022
Statut:
epublish
Résumé
Customer churn is one of the most critical issues faced by the telecommunication industry (TCI). Researchers and analysts leverage customer relationship management (CRM) data through the use of various machine learning models and data transformation methods to identify the customers who are likely to churn. While several studies have been conducted in the customer churn prediction (CCP) context in TCI, a review of performance of the various models stemming from these studies show a clear room for improvement. Therefore, to improve the accuracy of customer churn prediction in the telecommunication industry, we have investigated several machine learning models, as well as, data transformation methods. To optimize the prediction models, feature selection has been performed using univariate technique and the best hyperparameters have been selected using the grid search method. Subsequently, experiments have been conducted on several publicly available TCI datasets to assess the performance of our models in terms of the widely used evaluation metrics, such as AUC, precision, recall, and F-measure. Through a rigorous experimental study, we have demonstrated the benefit of applying data transformation methods as well as feature selection while training an optimized CCP model. Our proposed technique improved the prediction performance by up to 26.2% and 17% in terms of AUC and F-measure, respectively.
Identifiants
pubmed: 36454903
doi: 10.1371/journal.pone.0278095
pii: PONE-D-22-11288
pmc: PMC9714823
doi:
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM
Pagination
e0278095Informations de copyright
Copyright: © 2022 Sana et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Déclaration de conflit d'intérêts
The authors have declared that no competing interests exist.
Références
J Mol Diagn. 2003 May;5(2):73-81
pubmed: 12707371