Estimating Used Car Prices

Kevin Jacobs wants to estimate the value of his car and shows how to set up a machine learning job to do this:

As you can see, I collected the brand (Peugeot 106), the type (1.0, 1.1, …), the color of the car (black, blue, …) the construction year of the car, the odometer of the car (which is the distance in kilometers (km) traveled with the car at this point in space and time), the ask price of the car (in Euro’s), the days until the MOT (Ministry of Transport test, a required periodical check-up of your car) and the horse power (HP) of the car. Feel free to use your own variables/units!

It’s an interesting example of how you can approach a real problem.

Related Posts

Using R To Hit Azure ML From Power BI

Leila Etaati shows how you can use R to hit an Azure ML endpoint to populate a data set in Power BI: You need to create a model in Azure ML Studio and create a web service for it. The traditional example in Predict a passenger on Titanic ship is going to survived or not? […]

Read More

Multi-Threaded R With Microsoft R Client

David Parr shows us how to get started with Microsoft R Client and performs some quick benchmarking: This message will pop up, and it’s worth noting as it’s got some information in it that you might need to think about: It’s worth noting that right now Microsoft r Client is lagging behind the current R version, and […]

Read More

Categories

December 2017
MTWTFSS
« Nov Jan »
 123
45678910
11121314151617
18192021222324
25262728293031