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BTYDplus (version 0.7.2)

mbgnbd.LL: Calculate the log-likelihood of the MBG/NBD model

Description

Calculate the log-likelihood of the MBG/NBD model

Usage

mbgnbd.LL(params, x, t.x, T.cal)

Arguments

params

MBG/NBD parameters - a vector with r, alpha, a and b in that order.

x

frequency, i.e. number of re-purchases

t.x

recency, i.e. time elapsed from first purchase to last purchase

T.cal

total time of observation period

Value

a vector of log-likelihoods

References

Batislam, E.P., M. Denizel, A. Filiztekin. 2007. Empirical validation and comparison of models for customer base analysis. International Journal of Research in Marketing 24(3) 201-209. - Hoppe, Daniel, and Udo Wagner. 'Customer base analysis: The case for a central variant of the Betageometric/NBD Model.' Marketing Journal of Research and Management 3.2 (2007): 75-90.

See Also

bgcnbd.LL

mbgnbd.EstimateParameters