Recommender System for Term Deposit Likelihood Prediction using Cross-validated Neural Network

Dutta, Shawni and Bandyopadhyay, Samir Kumar (2021) Recommender System for Term Deposit Likelihood Prediction using Cross-validated Neural Network. South Asian Journal of Social Studies and Economics, 11 (3). pp. 21-28. ISSN 2581-821X

[thumbnail of 247-Article Text-397-2-10-20221003.pdf] Text
247-Article Text-397-2-10-20221003.pdf - Published Version

Download (276kB)

Abstract

For enhancing the maximized profit from bank as well as customer perspective, term deposit can accelerate finance fields. This paper focuses on likelihood of term deposit subscription taken by the customers. Bank campaign efforts and customer details are influential while considering possibilities of taking term deposit subscription. An automated system is provided in this paper that approaches towards prediction of term deposit investment possibilities in advance. Neural network along with stratified 10-fold cross-validation methodology is proposed as predictive model which is later compared with other benchmark classifiers such as k-Nearest Neighbor (k-NN), Decision tree classifier (DT), and Multi-layer perceptron classifier (MLP). Experimental study concluded that proposed model provides significant prediction results over other baseline models with an accuracy of 88.32% and MSE of 0.1168.

Item Type: Article
Subjects: STM Open Press > Social Sciences and Humanities
Depositing User: Unnamed user with email support@stmopenpress.com
Date Deposited: 23 Jan 2023 08:11
Last Modified: 30 Jul 2024 06:34
URI: http://journal.submissionpages.com/id/eprint/60

Actions (login required)

View Item
View Item