Banking customer churn prediction using random forest based on Smote and Adasyn approach
Customer Churn is now becoming a significant problem in the banking sector. It is necessary to seek solutions to predict the rate of customer churn in banks; however, the dataset for customer churn prediction in banks is imbalanced. In this paper, Random Forest (RF) based on two popular resampling techniques, named SMOTE and ADASYN, are used to obtain a banking customer churn prediction model. A wide range of metrics, including Accuracy, Recall, Precision, Specificity, F1 score, Mathews correlation coefficient, and ROC-AUC, are used to comprehensively evaluate the prediction model. Through the experimental results, the values of Accuracy and ROC-AUC of the RF model based on SMOTE and ADASYN indicate positive results. Moreover, this paper also shows feature importance in the dataset based on the RF algorithm.
Authors
- Cong Thanh Tran (ORCID: https://orcid.org/0000-0003-4927-008X)
Publication Details
- Journal
- Journal of Development and Integration
- Published
- 2024-10-31
- DOI
- https://doi.org/10.61602/jdi.2024.78.11
- Citations
- 1
- Primary Topic
- Customer churn and segmentation
- Type
- article
- Field-Weighted Citation Impact
- 0.44