Computerised Recommendations on E-Transaction Finalisation by Means of Machine Learning
Computerised Recommendations on E-Transaction Finalisation by Means of Machine Learning
Author(s): Germanas BudnikasSubject(s): Economy
Published by: Główny Urząd Statystyczny
Keywords: online behaviour;Google Analytics;Naïve Bayes classifier;artificial neural network
Summary/Abstract: Nowadays a vast majority of businesses are supported or executed online. Website-to-user interaction is extremely important and user browsing activity on a website is becoming important to analyse. This paper is devoted to the research on user online behaviour and making computerised advices. Several problems and their solutions are discussed: to know user behaviour online pattern with respect to business objectives and estimate a possible highest impact on user online activity. The approach suggested in the paper uses the following techniques: Business Process Modelling for formalisation of user online activity; Google Analytics tracking code function for gathering statistical data about user online activities; Naïve Bayes classifier and a feedforward neural network for a classification of online patterns of user behaviour as well as for an estimation of a website component that has the highest impact on a fulfilment of business objective by a user and which will be advised to be looked at. The technique is illustrated by an example.
Journal: Statistics in Transition. New Series
- Issue Year: 16/2015
- Issue No: 2
- Page Range: 309-322
- Page Count: 14
- Language: English