Creating a Real Estate Price Prediction System with Gradient Boosting
Introduction to Predictive Modeling in Real Estate Predicting real estate prices is a complex task that involves analyzing a multitude of variables, from the number of bedrooms and bathrooms to the neighborhood’s amenities and local economic conditions. One of the most powerful tools in this arena is gradient boosting, a machine learning technique that has proven its mettle in various predictive modeling tasks. What is Gradient Boosting? Gradient boosting is an ensemble learning method that combines multiple weak models to create a strong predictive model. It works by iteratively training decision trees to correct the errors of the previous trees. Here’s a simplified overview of how it works: ...