Machine learning model increases revenues in a Mall.
The below citation is a glimpse of our experiment using Thompson Sampling and Apriori Algorithm
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We use the multi arm bandit concept in Machine learning and applied to our data set to find out a set of people in mall their, purchasing behaviour.With combination of Apriori algorithm and Thomson sampling we determined which way the the consumers will go in a mall after purchasing a product. With data analytics and physical experimentation we found that the arrangement of certain products resulted in increased sales.
The base code that we used for making changes in our logic is provided below.
import numpy as np
import matplotlib.pyplot as plt
import pandas as pd
dataset = pd.read_csv('Malldataset.csv')
# Implementing Thompson Sampling
import random
N = 250000
d = 700
ads_selected = []
numbers_of_rewards_1 = [0] * d
numbers_of_rewards_0 = [0] * d
total_reward = 0
for n in range(0, N):
ad = 0
max_random = 0
for i in range(0, d):
random_beta = random.betavariate(numbers_of_rewards_1[i] + 1, numbers_of_rewards_0[i] + 1)
if random_beta > max_random:
max_random = random_beta
ad = i
ads_selected.append(ad)
reward = dataset.values[n, ad]
if reward == 1:
numbers_of_rewards_1[ad] = numbers_of_rewards_1[ad] + 1
else:
numbers_of_rewards_0[ad] = numbers_of_rewards_0[ad] + 1
total_reward = total_reward + reward
plt.hist(ads_selected)
plt.title('Histogram of Dataset')
plt.xlabel('Ads')
plt.ylabel('Number of users chooses a lane')
plt.show()
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