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Data_Science_Project_Report

This project report details the development of a predictive model for house prices using machine learning techniques, focusing on factors like location and size. The model, built using Python and various libraries, achieved high accuracy with XGBoost, resulting in a normalized RMSE score of 0.12. The project aims to assist stakeholders in the real estate market by providing data-driven insights for decision-making.

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Khadija Tajir
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Download as PDF, TXT or read online on Scribd
2 views

Data_Science_Project_Report

This project report details the development of a predictive model for house prices using machine learning techniques, focusing on factors like location and size. The model, built using Python and various libraries, achieved high accuracy with XGBoost, resulting in a normalized RMSE score of 0.12. The project aims to assist stakeholders in the real estate market by providing data-driven insights for decision-making.

Uploaded by

Khadija Tajir
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Major Project Report

Predicting House Prices Using Machine Learning

Submitted by: Data Science Student

Institution: ABC Institute of Technology

Supervisor: Prof. John Doe

1. Introduction

This project focuses on predicting house prices using Machine Learning algorithms. The real estate

market has various factors that influence property prices. By leveraging historical data, we can build

a model that predicts prices accurately based on features like location, size, number of rooms, and

more.

2. Objective

The main objective of this project is to develop a predictive model for house prices using machine

learning techniques to assist buyers, sellers, and investors in making informed decisions.

3. Tools and Technologies Used

- Python

- Pandas, NumPy

- Scikit-learn

- Matplotlib, Seaborn
Major Project Report

- Jupyter Notebook

4. Dataset Description

The dataset used is the 'House Prices: Advanced Regression Techniques' from Kaggle. It includes

79 explanatory variables describing (almost) every aspect of residential homes in Ames, Iowa.

5. Methodology

1. Data Cleaning and Preprocessing

2. Exploratory Data Analysis (EDA)

3. Feature Selection and Engineering

4. Model Selection (Linear Regression, Random Forest, XGBoost)

5. Model Training and Evaluation

6. Hyperparameter Tuning

7. Final Model Testing

6. Results and Evaluation

After evaluating different models, XGBoost performed the best with an RMSE score of 0.12

(normalized). The model was able to predict house prices with high accuracy.

7. Conclusion
Major Project Report

Machine learning provides a powerful approach to predicting house prices. This project

demonstrated how various algorithms can be applied to real-world datasets to yield actionable

insights.

8. References

- Kaggle: House Prices Dataset

- Scikit-learn Documentation

- Hands-On Machine Learning with Scikit-Learn, Keras, and TensorFlow by Aurélien Géron

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