Resolved: Where can I find explanation of the practical formula for price elasticity? I didn't find it in the notes and failed to do it by myself.
3 answers ( 0 marked as helpful)
Hi Макс,
you can find the derivation for the formula in the course notes. They are in the lecture "Segmentation, Targeting, Positioning", under the quiz. Here is a link:
https://learn.365datascience.com/courses/customer-analytics-in-python/segmentation-targeting-positioning
Best,
Eli
Hi Макс,
the formula derivations are in a separate pdf, which you can download here:
https://learn.365datascience.com/courses/customer-analytics-in-python/calculating-price-elasticity-of-purchase-probability
Sorry for the misunderstanding!
Best,
Eli
i cant find the derivation of the formula, im verry interested