Predictive modeling for customer churn in the telecommunications industry – Complete Phd and Masters Thesis

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Introduction:

The telecommunications industry is highly competitive, and customer churn is a significant concern for companies in this sector. Customer churn refers to the phenomenon of customers terminating their relationship with a company and switching to a competitor. Predictive modeling has emerged as a valuable tool for identifying customers who are at risk of churning, enabling companies to take proactive measures to retain these customers. This thesis aims to explore the use of predictive modeling for customer churn in the telecommunications industry, with a focus on understanding the factors that influence customer churn and developing predictive models to forecast customer churn.

Chapter One: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter Two: Literature Review
2.1 Overview of customer churn in the telecommunications industry
2.2 Factors influencing customer churn
2.3 Existing models for predicting customer churn
2.4 Machine learning and predictive modeling techniques
2.5 Case studies on predictive modeling for customer churn
2.6 Evaluation metrics for predictive models
2.7 Customer retention strategies
2.8 Data mining techniques in customer churn analysis
2.9 Customer segmentation and personalized marketing
2.10 Ethical considerations in predictive modeling

Chapter Three: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Data preprocessing techniques
3.4 Feature selection and engineering
3.5 Model selection and evaluation
3.6 Cross-validation and hyperparameter tuning
3.7 Performance metrics
3.8 Validation and interpretation of results

Chapter Four: Discussion of Findings
4.1 Descriptive analysis of the dataset
4.2 Identification of key predictors of customer churn
4.3 Development and evaluation of predictive models
4.4 Comparison of different modeling techniques
4.5 Implications for customer retention strategies
4.6 Practical implementation of predictive models
4.7 Addressing challenges and limitations
4.8 Recommendations for future research

Chapter Five: Conclusion and Summary
5.1 Recap of key findings
5.2 Contributions to the field
5.3 Implications for the telecommunications industry
5.4 Limitations and areas for future research
5.5 Conclusion and final remarks

Thesis Overview:

The telecommunications industry is facing an increasingly competitive environment, with companies striving to retain customers amidst growing churn rates. Predictive modeling has emerged as a valuable tool for identifying customers at risk of churning and implementing effective retention strategies. This thesis aims to explore the use of predictive modeling for customer churn in the telecommunications industry, with a focus on understanding the factors influencing customer churn and developing predictive models to forecast churn behavior. The study will involve a comprehensive literature review on customer churn, machine learning techniques, and customer retention strategies. The research methodology will involve data collection, preprocessing, model selection, and evaluation. The findings will include the identification of key predictors of customer churn, the development and evaluation of predictive models, and implications for customer retention strategies. The thesis will conclude with a summary of key findings, contributions to the field, and recommendations for future research.

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