Dorcy64 / Multi-Regression-and-Valuation-Model

Home Price Predictions Model, Train Split Testing, LinearRegression, Seaborn, Plotly, and Matplotlib. Day 80 Python Learning

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Multi-Regression-and-Valuation-Model

Home Price Predictions Model, Train Split Testing, LinearRegression, Seaborn, Plotly, and Matplotlib. Day 80 Python Learning

Welcome to Boston Massachusetts in the 1970s! Imagine you're working for a real estate development company. Your company wants to value any residential project before they start. You are tasked with building a model that can provide a price estimate based on a home's characteristics like:

  • The number of rooms

  • The distance to employment centres

  • How rich or poor the area is

  • How many students there are per teacher in local schools etc

Understand the Boston House Price Dataset


Characteristics:

:Number of Instances: 506 

:Number of Attributes: 13 numeric/categorical predictive. The Median Value (attribute 14) is the target.

:Attribute Information (in order):
    1. CRIM     per capita crime rate by town
    2. ZN       proportion of residential land zoned for lots over 25,000 sq.ft.
    3. INDUS    proportion of non-retail business acres per town
    4. CHAS     Charles River dummy variable (= 1 if tract bounds river; 0 otherwise)
    5. NOX      nitric oxides concentration (parts per 10 million)
    6. RM       average number of rooms per dwelling
    7. AGE      proportion of owner-occupied units built prior to 1940
    8. DIS      weighted distances to five Boston employment centres
    9. RAD      index of accessibility to radial highways
    10. TAX      full-value property-tax rate per $10,000
    11. PTRATIO  pupil-teacher ratio by town
    12. B        1000(Bk - 0.63)^2 where Bk is the proportion of blacks by town
    13. LSTAT    % lower status of the population
    14. PRICE     Median value of owner-occupied homes in $1000's
    
:Missing Attribute Values: None

:Creator: Harrison, D. and Rubinfeld, D.L.

This is a copy of UCI ML housing dataset. This dataset was taken from the StatLib library which is maintained at Carnegie Mellon University. You can find the original research paper here.

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Home Price Predictions Model, Train Split Testing, LinearRegression, Seaborn, Plotly, and Matplotlib. Day 80 Python Learning


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