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Record W4405559801 · doi:10.47392/irjaeh.2024.0386

Predicting Used Car Prices Using Machine Learning: A Comparative Analysis of Regression and Ensemble Models

2024· article· en· W4405559801 on OpenAlex
O.Abhila Anju, M Yoga, M Kruthika, M. Manikandan, K Aswin, S Kishore

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueInternational Research Journal on Advanced Engineering Hub (IRJAEH) · 2024
Typearticle
Languageen
FieldEnergy
TopicEnergy, Environment, and Transportation Policies
Canadian institutionsArtificial Intelligence in Medicine (Canada)
Fundersnot available
KeywordsEnsemble learningRegression analysisRegressionArtificial intelligenceMachine learningComputer scienceStatisticsMathematics

Abstract

fetched live from OpenAlex

The globe is expanding daily, and with it are everyone's expectations. Purchasing an automobile is one of the demands out of all of them. However, not everyone can afford a new car, so they will purchase a used one. However, newcomers are often unaware of the market value of their ideal vehicle for an old car. That's why we require a platform that assists new users in estimating car prices. We propose that platform in this work, which is built with machine learning technology. Let's attempt to create a statistical model that can forecast the cost of a used car using supervised machine learning techniques including linear regression, KNN, Random Forest, XG boost, and decision trees. We will be assisted in this endeavor by prior customer data and a certain set of characteristics. In order to choose the best model, we will also compare the forecast accuracy of different models.For buyers, this system helps assess whether the asking price of a car is fair based on market trends. Sellers can use the predictions to set competitive prices for their vehicles, ensuring better market positioning. This predictive capability ultimately enhances transparency, allowing for more informed and confident decision-making in the automotive industry. With continuous advancements in machine learning, the accuracy and efficiency of car price predictions will continue to improve, offering even greater market insights.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.058
Threshold uncertainty score0.585

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.068
GPT teacher head0.375
Teacher spread0.307 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it