Dec. 6, 2023, 3:26 a.m. | /u/hoolahan100

Data Science

I'm using xgboost for modeling units sold of products on pricing + other factors. There is a phenomenon that once the reduction in price crosses a threshold the units sold increase by 200-300 percent. Unfortunately xgboost is not able to capture this sudden increase and severely underpredicts. Any ideas?

datascience elasticity ideas modeling predictions price pricing products threshold units xgboost

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