A Statistical Real-Time Prediction Model for Recommender System

Recommender system has become an inseparable part of online shopping and its usability is increasing with the advancement of these e-commerce sites. An effective and efficient recommender system benefits both the seller and the buyer significantly. We considered user activities and product information for the filtering process in our proposed recommender system. Our model has achieved inspiring result (approximately 58% true-positive and 13% false-positive) for the data set provided by RecSys Challenge 2015. This paper aims to describe a statistical model that will help to predict the buying behavior of a user in real-time during a session.