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Define Problem Statements

The document discusses problem statements for predicting the resale value of cars. It provides templates for capturing customer problem statements from different perspectives. Two problem statements are provided from the viewpoints of a graduate trying to resell a used car, and an average man trying to buy a resale car to save money. It derives a overall problem statement that users need a way to buy or get recommendations for more affordable cars with good mileage, slower depreciation, cheaper insurance, and an upgraded segment at a lower cost to drive without tension.

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Hari haran
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111 views2 pages

Define Problem Statements

The document discusses problem statements for predicting the resale value of cars. It provides templates for capturing customer problem statements from different perspectives. Two problem statements are provided from the viewpoints of a graduate trying to resell a used car, and an average man trying to buy a resale car to save money. It derives a overall problem statement that users need a way to buy or get recommendations for more affordable cars with good mileage, slower depreciation, cheaper insurance, and an upgraded segment at a lower cost to drive without tension.

Uploaded by

Hari haran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Ideation Phase

Define the Problem Statements

Date 16/10/22
Team ID PNT2022TMID16841
Project Name Project –Car Resale Value Prediction
Maximum Marks 2 Marks

Customer Problem Statement Template:


Create a problem statement to understand your customer's point of view. The Customer
Problem Statement template helps you focus on what matters to create experiences people
will love.
A well-articulated customer problem statement allows you and your team to find the ideal
solution for the challenges your customers face. Throughout the process, you’ll also be able
to empathize with your customers, which helps you better understand how they perceive
your product or service.

Problem Statements for Car Resale Value Prediction

Problem Iam (Customer) I’m trying to But Because Which makes me feel
Statement
(PS)
PS-1 I am a graduate I’m trying to I can’t find I can’t able Like I have no cars
resale a used an to collect with a proper Mileage,
cars appropriate the data of a condition, colour of
minutes trips want to for the user similar needs,there no
1 -4 times own his to think and easy and affordable
per week own car as live green solutions
it would be and to not
too own more
expensive than he truly
needs
PS-2 I’m an average I’m trying to I can’t able It may look Like I should not get a
man buy a resale to analyse at good full analysis of the car
car to save the full condition, and is there a chance
money and history of further may to take a wrong
upgrade the used I get the decision.
segment for car upgrade
less segment in
high budget

Derived Problem Statement:


User needs a way to buy/to be recommended to get more variety of cars at affordable cost,
with good mileage, slower depreciation rates, cheaper insurance, upgrade segment for less
and drive tension-free.

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