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Closed-Form PMFs for PPCs

Open ColtAllen opened this issue 6 months ago • 2 comments

While working on the upcoming BetaGeoBetaBinomModel, I found a closed-form solution in the research paper for the model's probability mass function (PMF). After doing some more digging I realized every CLV model has a closed-form expression.

Currently the distribution_new_customers method builds these PMFs from scratch via sampling. However, it should be more performant for PPCs (both prior and posterior) to use the closed-form PMF expressions.

ColtAllen avatar Jul 26 '24 16:07 ColtAllen