If I have a list of 10K customers, 3K of which have closed, 7K remain open and a series of parameters by customer id.. can survival analysis produce a survival rate for each customer?
For example, for Cust ID 101 there is 100% chance they will remain open after 1 month, 98% after 2 months, 97 after 3 months..
Any material on this would helpful
Look at PROC LIFETEST and PROC PHREG and the examples in the documentation.
Whether you can do this depends on if you have the appropriate data to build a good model.
@qsilver23 wrote:
If I have a list of 10K customers, 3K of which have closed, 7K remain open and a series of parameters by customer id.. can survival analysis produce a survival rate for each customer?
For example, for Cust ID 101 there is 100% chance they will remain open after 1 month, 98% after 2 months, 97 after 3 months..
Any material on this would helpful
I think so
@qsilver23 wrote:
Just confirming.. will Proc PHREG provide survival rate for each customer?
or just the entire dataset?
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