Python for Deep Learning - Build Neural Networks in Python - Problem Statement

The video discusses how a bank can analyze customer behavior to determine if they will leave or stay. It explains the need for a predictive model to forecast customer actions, allowing the bank to offer incentives to those likely to leave. The video aims to clarify the problem statement and the importance of predictive modeling in customer retention strategies.

What action does the bank plan to take for customers predicted to leave?

What is the significance of understanding the problem statement in the context of the predictive model?