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The project analyses the impact of different marketing tactics on the sales of items. The problem is a multivariate-modeling problem as there are 3 different tactics of marketing. Since, the impact of marketing medium cannot be negative we will be using Bayesian model for regression.

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imnikhilanand/Bayesian-Marketing-Mix-Modeling

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Bayesian-Marketing-Mix-Modeling

The project analyses the impact of different marketing tactics on the sales of items. The problem is a multivariate-modeling problem as there are 3 different tactics of marketing. Since, the impact of marketing medium cannot be negative we will be using Bayesian model for regression.

Dataset Description

The data is extracted from an open source project.



Column NameDescription
WeekWeek (starting from 1)
TVMoney spent on TV advertisment
RadioMoney spent on Radio advertistment
NewspaperMoney spent on newspaper advertistment
SalesSales in dollars

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The project analyses the impact of different marketing tactics on the sales of items. The problem is a multivariate-modeling problem as there are 3 different tactics of marketing. Since, the impact of marketing medium cannot be negative we will be using Bayesian model for regression.

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