Vasi012 / PP5-Predictive-Analysis

Milestone Project for Predictive Analytics Specialisation at Code Institute: Predicting House Pricing
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Page 4: Project Hypothesis and Validation #14

Closed Vasi012 closed 1 year ago

Vasi012 commented 1 year ago

Page 4: Project Hypothesis and Validation Before the analysis, I knew that this page would describe each project hypothesis, the conclusion, and how I will validate each one of them.

After the data analysis, we can report that:

An evaluation of sales price of other houses from this area are based on similar attributes with the 6 houses that my niece would like to sell, therefore, this project should provide an accurate prediction of sales price for each house.

The correlation analysis shows that the sizes of the ground floor living area, the first floor, the basement, and the garage, play a key role in determining the house price. In addition, the year of the house when was built and the last refurbishment, the quality of the used materials also plays a significant role in determining a house price.