Class 1 Chapter 6

Interesting:
1.) I think censored observations are interesting . They are observations where we don't know its status so the event has not yet occurred yet or it is lost in some way.You also can delete censored observations but you could potentially be throwing away valuable data because they still contain half the information at hand. This is what leads to partial likelihood.
2.)  I think it is interesting that you use logistic regression when data is periodic which means an event that can only occur at regular and specific intervals.
3.) The difference between descriptive and predictive analysis is that descriptive show what happened while predictive is a glimpse of what what change the future.

Questions:
1.) How do you create more high-valued customer?
2.) Does LTV connect to LCV/CLV?
3.) If survival analysis is the better way to predict the future why is logistic regions used?

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