Skip to content

The goal of this project is to develop a machine learning model that can help banks to identify customers who are likely to churn and take appropriate measures to retain them

Notifications You must be signed in to change notification settings

SaadTariq01DataAnalyst/Prediction-of-Bank-Churn-Customer

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

3 Commits
 
 
 
 

Repository files navigation

Prediction-of-Bank-Churn-Customer

This project aims to develop a machine learning model that can predict the likelihood of a bank customer churning or leaving the bank. Customer churn is a critical issue in the banking industry, and being able to predict it can help banks take proactive steps to retain customers and minimize revenue loss.

The first step in this project would be to gather the necessary data. This data can be obtained from the bank's database or from external sources such as customer surveys or other market research. Once the data has been collected, it will need to be pre-processed and cleaned to remove any missing or irrelevant information.

Next, the data will be divided into two sets: a training set and a testing set. The training set will be used to train the machine learning model, while the testing set will be used to evaluate its performance

Various machine learning algorithms can be used to develop the classification model, such as logistic regression, decision trees, random forests, or support vector machines. The performance of the model can be evaluated using various metrics such as accuracy, precision, recall, and F1 score.

Once the model has been trained and evaluated, it can be used to predict whether a new customer is likely to churn or not. This information can be used by the bank to take appropriate measures such as offering special promotions or incentives to retain customers who are at risk of churning. Overall, the goal of this project is to develop a machine learning model that can help banks to identify customers who are likely to churn and take appropriate measures to retain them.

About

The goal of this project is to develop a machine learning model that can help banks to identify customers who are likely to churn and take appropriate measures to retain them

Topics

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published