Presentation On Supervised Learning
Presentation On Supervised Learning
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Slide 7: Linear Regression: Applications
● House Price Prediction: Predict the price of a house based on its features (size,
location, etc.).
○ Example: A real estate company wants to predict the selling price of houses.
They collect data on house features (square footage, number of bedrooms,
number of bathrooms, location, age) and the corresponding selling prices.
Linear regression can model the relationship between these features and the
price, allowing the company to estimate prices for new houses.
● Sales Forecasting: Predict future sales based on historical data and market
trends.
○ Example: A retail company wants to forecast its monthly sales. They gather
data on past sales, advertising spending, seasonality, and competitor activity.
Linear regression can help them understand how these factors influence sales
and predict future revenue.
● Stock Price Prediction: Predict stock prices based on market indicators and
company performance.
○ Example: An investor wants to predict the daily closing price of a stock. They
collect data on historical stock prices, trading volume, and financial news.
Linear regression can be used to model the relationship and make
predictions. Note that stock price prediction is very complex and linear
regression is a simplified model.