Most likely outcome
When explaining your results to a non-technical audience, you may wish to side-step talking about probabilities and simply explain the most likely outcome. That is, rather than saying there is a 60% chance of a customer churning, you say that the most likely outcome is that the customer will churn. The trade-off here is easier interpretation at the cost of nuance.
mdl_churn_vs_relationship
, explanatory_data
, and prediction_data
are available from the previous exercise.
This exercise is part of the course
Introduction to Regression with statsmodels in Python
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# Update prediction data by adding most_likely_outcome
prediction_data["most_likely_outcome"] = ____
# Print the head
print(____)