Random Multinomial Logit - Application

Application

The developers of the RMNL technique (Prinzie & Van den Poel, 2008) show in their application paper the usefulness of the technique for cross-sell analysis in customer relationship management.

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Famous quotes containing the word application:

    Most people, no doubt, when they espouse human rights, make their own mental reservations about the proper application of the word “human.”
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    My business is stanching blood and feeding fainting men; my post the open field between the bullet and the hospital. I sometimes discuss the application of a compress or a wisp of hay under a broken limb, but not the bearing and merits of a political movement. I make gruel—not speeches; I write letters home for wounded soldiers, not political addresses.
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    There are very few things impossible in themselves; and we do not want means to conquer difficulties so much as application and resolution in the use of means.
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