The simulation provides data on energy customers, and your task is to build a predictive model to identify customers at risk of churning and develop a targeted retention strategy.

Problem Statement:

Tasks:

  1. Writing Email:

Hi [AD],

I hope you're well.

To test if churn is driven by customers’ price sensitivity, we need to model churn probabilities and see how prices affect churn rates. Here’s what we need:

  1. Customer Data: This should include details like industry, historical electricity consumption, and the date they became a customer.
  2. Churn Data: Indicating whether a customer has churned or not.
  3. Historical Price Data: Prices charged to each customer for electricity and gas at detailed time intervals.

Once we have this data, our plan is to:

  1. Define and calculate price sensitivity.