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Assignment Subjective Questions
Assignment Subjective Questions
Below is the coefficient values obtained after performing logistic regression analysis on
data set.
1. Which are the top three variables in your model which contribute most towards
the probability of a lead getting converted?
2. What are the top 3 categorical/dummy variables in the model which should be
focused the most on in order to increase the probability of lead conversion?
In order to make lead conversion aggressive, we can target the users who have very
high final score first. We can contact users in decreasing order of their final score and
contact the users with lesser score at last. Also users with scores more than 70 need to
be contacted multiple times and several follow ups need to be done and these users
must be marked as not eligible or canceled only after making sure that we cannot
convert it to successful lead.
Since users with Tags as Lost to EINS,Will revert after reading the email and Busy have
more chances of getting converted to successful leads, we need to give more focus on
these users.
4. Similarly, at times, the company reaches its target for a quarter before the
deadline. During this time, the company wants the sales team to focus on some
new work as well. So during this time, the company’s aim is to not make phone
calls unless it’s extremely necessary, i.e. they want to minimize the rate of useless
phone calls. Suggest a strategy they should employ at this stage.
In order to avoid or minimize the rate of useless phone calls, we need to avoid calling
users with less than final score of 8.15. Also since users with Lead quality as ‘worst’ are
not likely to be converted to leads. So such targets should be strictly avoided. Also
targets with Tags as Interested in other courses,switched off and Ringing also have very
less chance of converting as leads. And also with leads quality as Not sure also should
be avoided.