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Bernard Antwi Adabankah
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  • London
  • United Kingdom
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Short Bio
A Data Scientist
My Web Site Or LinkedIn Profile
http://https://www.linkedin.com/profile/preview?vpa=pub&locale=...
Professional Status
Technical
Your Company:
Gold Medal Travel Group
Industry:
Travel
Your Job Title:
Data Scientist
How did you find out about DataScienceCentral?
from Jen Rose - Weslyan University via Coursera
Interests:
Networking, Other

Bernard Antwi Adabankah's Blog

Price Optimisation Using Decision Tree (Regression Tree) - Machine Learning

Posted on October 29, 2016 at 10:30pm 3 Comments

INTRODUCTION TO THE RESEARCH QUESTION

The research was conducted to find out what price  maximises profit without sacrificing the high demand for the product due to the price being too high nor sacrificing the margins on the product due to the price being too low. 

The goal is to experiment with different price levels for the same product in one market place and country to see how sales volumes change with prices and which volume level of…

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