2019
DOI: 10.1166/jctn.2019.8304
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Hybrid Particle Swarm Optimization-Extreme Learning Machine Algorithm for Customer Churn Prediction

Abstract: Customer churn which also commonly referred to as customer attrition, occurs when a customer ceases or stops doing business with a particular company or service. Predicting customer churn had become one of the major aim of businesses is various sectors, namely the telecommunication sector as the markets are very saturated. Apart from that, the cost to retain existing customers is much lesser as compared to the cost to acquire or attract new customers through marketing. This paper proposes a new hybrid algorit… Show more

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Cited by 4 publications
(5 citation statements)
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“…By analyzing this diverse dataset, we aim to evaluate the effectiveness of the churn model and its application of machine learning algorithms in predicting customer churn.The following metrics are used to evaluate the performance of the customer churn prediction: precision, recall, f-measure, and accuracy. It evaluates a predictive model's accuracy in predicting when a client will leave [24]. The information obtained using the confusion matrix is used to generate the four measures described above.…”
Section: Results Discussionmentioning
confidence: 99%
“…By analyzing this diverse dataset, we aim to evaluate the effectiveness of the churn model and its application of machine learning algorithms in predicting customer churn.The following metrics are used to evaluate the performance of the customer churn prediction: precision, recall, f-measure, and accuracy. It evaluates a predictive model's accuracy in predicting when a client will leave [24]. The information obtained using the confusion matrix is used to generate the four measures described above.…”
Section: Results Discussionmentioning
confidence: 99%
“…The author used k-means particle swarm optimization for cluster analysis and the C5.0 classification method to formulate classification rules. Swarm optimization was also used by Li and Marikannan (2019). Qiu et al (2020) used the k-means-HF method for silent customer segmentation, to identify a segment of customers that a company is likely to lose.…”
Section: Market Segmentation Using Cluster Analysismentioning
confidence: 99%
“…They achieved an accuracy of 89.08% in churn prediction rate by using feed-forward neural networks. [4] proposed the usage of feed-forward neural network architecture with particle swarm optimisation. Particle swarm optimisation provides weight tuning for the proposed neural network Marikannan, 2019), and this model achieved a better accuracy of 92.90% on their local dataset.…”
Section: Related Workmentioning
confidence: 99%
“…Particle swarm optimisation provides weight tuning for the proposed neural network Marikannan, 2019), and this model achieved a better accuracy of 92.90% on their local dataset. Their [4] local dataset belonged to a telecommunication company in Jordan. [5] proposed a genetic algorithm methodology which used a rough set theory.…”
Section: Related Workmentioning
confidence: 99%