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| Does anyone know the algorithm behind the Lift Chart? If yes, can you please point me to the right direction? I could not find anything on the web... Assuming x is profit and y is the probability, the algorithm behind the Profit Chart seems to be this: 1) Calculate profit for each percent point: (hits*Revenue per individual) - (hits + misses)*[individual cost] 2) Calculate cumulative profit from 0 percent to the current percent point - [Fixed cost] I am really not very sure how the "Population" is used within Profit Chart. Regards, Igor |
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