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Lift and Gain Tables The lift and gain table is a useful tool for measuring the value of a predictive model. Lift and gain values are especially useful when decision trees are being used to target (prioritize) marketing efforts.
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Gain and Lift charts are used to evaluate performance of classification model. They measure how much better one can expect to do with the predictive model comparing without a model. It’s a very popular metrics in marketing analytics. It’s not just restricted to marketing analysis.
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