Retail Predictive Application Server (MOSC) READ-ONLY

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Self price effect

edited Oct 18, 2013 7:24AM in Retail Predictive Application Server (MOSC) READ-ONLY 4 commentsAnswered
 Hi all,

I tried to generate a self price lift and I could get the result. however, when checking the price elasticity concpt in economics (%QuantityVariation / %PriceVariation), the value calculated by RDF is not exactly this formula (is approx). Can you please help me to understand how the value is calculated?

Best Regards
  Nuno Santos

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