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BTYDplus (version 0.7.2)

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

Description

Calculate the log-likelihood of the MBG/NBD model

Usage

mbgnbd.cbs.LL(params, cal.cbs)

Arguments

params

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

cal.cbs

calibration period CBS. It must contain columns for frequency x, for recency t.x, for sum of logarithmic interpurchase times litt and total time observed T.cal. Optionally a column custs can be provided, which represents number of customers with a specific combination of frequency x and T.cal.

Value

the total log-likelihood for the provided data.

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.cbs.LL

mbgnbd.EstimateParameters