Markov chain model for an airline reward program

This project is a part of CAST Level 1. Participant needs to estimate one step and multi-step transition probabilities using markov chain to build a rewards program for a large airline based on travel miles. The data file can be downloaded here.

This project is offered as Self (Free) Learning as well as Guided Learning.

Please follow the article written by Yashita Khurana as a guide to build your project using R.