Title
Compound Poisson Process and Its Applications in Business
Publication Title
Lecture Notes in Electrical Engineering
ISSN
18761100
E-ISSN
43970
ISBN
9789811514197
Document Type
Conference Proceeding
Abstract
The standard prediction methods cannot be used to model the events which occur at irregular time intervals. This paper presents a new approach which applies a compound Poisson process to sense and analyze business cost in areas such as product revalidation and campaign predictions. The paper also highlighted how the process can be used to predict campaign donations.
First Page
678
Last Page
685
Publication Date
1-1-2020
DOI
10.1007/978-981-15-1420-3_72
Keywords
Bagging, Business analysis, Compound poisson process, Donation prediction, Gain forecasting
Recommended Citation
Chakrabarti, Prasun; Bane, Siddhant; Satpathy, Biswajit; Goh, Mark; Datta, Biswa N.; and Chakrabarti, Tulika, "Compound Poisson Process and Its Applications in Business" (2020). NIU Bibliography. 371.
https://huskiecommons.lib.niu.edu/niubib/371
Department
Department of Mathematical Sciences
