Book Image

QlikView: Advanced Data Visualization

By : Miguel Angel Garcia, Barry Harmsen, Stephen Redmond, Karl Pover
Book Image

QlikView: Advanced Data Visualization

By: Miguel Angel Garcia, Barry Harmsen, Stephen Redmond, Karl Pover

Overview of this book

QlikView is one of the most flexible and powerful business intelligence platforms around, and if you want to transform data into insights, it is one of the best options you have at hand. Use this Learning Path, to explore the many features of QlikView to realize the potential of your data and present it as impactful and engaging visualizations. Each chapter in this Learning Path starts with an understanding of a business requirement and its associated data model and then helps you create insightful analysis and data visualizations around it. You will look at problems that you might encounter while visualizing complex data insights using QlikView, and learn how to troubleshoot these and other not-so-common errors. This Learning Path contains real-world examples from a variety of business domains, such as sales, finance, marketing, and human resources. With all the knowledge that you gain from this Learning Path, you will have all the experience you need to implement your next QlikView project like a pro. This Learning Path includes content from the following Packt products: • QlikView for Developers by Miguel Ángel García, Barry Harmsen • Mastering QlikView by Stephen Redmond • Mastering QlikView Data Visualization by Karl Pover
Table of Contents (25 chapters)
QlikView: Advanced Data Visualization
Contributors
Preface
Index

Customer churn


Customer churn is a measure of the company's tendency to lose customers. Our user story speaks of the need to detect at-risk customers and prevent them from becoming a lost customer.

Surely, there are many variables that we may use to predict customer churn. In this case we expect customers to consistently make a purchase every so many days, so we will use a variable called customer purchase frequency to detect those that we are at risk of losing.

We could calculate the average number of days between purchases and warn sales representatives when the number of days since a customer's last purchase exceeds that average.

However, a simple average may not always be an accurate measure of a customer's true purchasing behavior. If we assume that their purchase frequency is normally distributed then we use the t-test to determine within what range the average is likely to fall. Moreover, we prefer the t-test because it can be used for customers that have made less than thirty or so...