Open Access Open Access  Restricted Access Subscription or Fee Access

Optimal Compensation Rate Appraisal and Selection Based on Data Mining Method

Li Zhou

Abstract


By using data mining method in this paper, we try to make more effective market segmentation and find out the optimal price of settlement in financial companies. Through the assessment of the customer value by using BP neural network, the customers can be classified scientifically and rationally. At the same time, we can also adopt different marketing strategies to different customers and improve the customer relationship management. At the same time, by using decision tree model and enhanced ID3 algorithm, we find out settlement of car insurance is mainly influenced by the driving experience and the use process, and then we make a further analysis on these influence factors.

Keywords


Data mining, customer segmentation, structure model, auto insurance, factor analysis.

Full Text:

PDF


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.