A high F score denotes that the customer has bought an expensive item recently.

Name: A high F score denotes that the customer has bought an expensive item recently.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

F score (or RFM score) takes into account the recency, frequency, and monetary value of customer purchases. While the monetary value component can indicate that the customer has made a high-value purchase, it does not necessarily mean it was a recent purchase.

A High F Score Denotes That the Customer Has Bought