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Project Template AICTE

The document outlines a capstone project focused on predicting rental bike demand using data analytics and machine learning techniques. It details the problem statement, proposed solution, system development approach, and evaluation methods, emphasizing the importance of accurate predictions for stable bike supply in urban areas. Future enhancements and references for the project are also discussed.

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ayanaroy150
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36 views11 pages

Project Template AICTE

The document outlines a capstone project focused on predicting rental bike demand using data analytics and machine learning techniques. It details the problem statement, proposed solution, system development approach, and evaluation methods, emphasizing the importance of accurate predictions for stable bike supply in urban areas. Future enhancements and references for the project are also discussed.

Uploaded by

ayanaroy150
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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CAPSTONE PROJECT

PROJECT
TITLE

PRESENTED BY

STUDENT NAME:

COLLEGE NAME:

DEPARTMENT:

EMAIL ID:

AICTE STUDENT ID:


OUTLINE
• Problem Statement (Should not include solution)
• Proposed System/Solution
• System Development Approach (Technology Used)
• Algorithm & Deployment
• Result (Output Image)
• Conclusion
• Future Scope
• References
PROBLEM STATEMENT
Example: Currently Rental bikes are introduced in many urban cities for
the enhancement of mobility comfort. It is important to make the rental
bike available and accessible to the public at the right time as it lessens
the waiting time. Eventually, providing the city with a stable supply of
rental bikes becomes a major concern. The crucial part is the prediction
of bike count required at each hour for the stable supply of rental bikes.
PROPOSED SOLUTION
• The proposed system aims to address the challenge of predicting the required bike count at each hour to ensure a stable supply of rental bikes. This involves leveraging data analytics and machine learning
techniques to forecast demand patterns accurately. The solution will consist of the following components:
• Data Collection:
• Gather historical data on bike rentals, including time, date, location, and other relevant factors.
• Utilize real-time data sources, such as weather conditions, events, and holidays, to enhance prediction accuracy.
• Data Preprocessing:
• Clean and preprocess the collected data to handle missing values, outliers, and inconsistencies.
• Feature engineering to extract relevant features from the data that might impact bike demand.
• Machine Learning Algorithm:
• Implement a machine learning algorithm, such as a time-series forecasting model (e.g., ARIMA, SARIMA, or LSTM), to predict bike counts based on historical patterns.
• Consider incorporating other factors like weather conditions, day of the week, and special events to improve prediction accuracy.
• Deployment:
• Develop a user-friendly interface or application that provides real-time predictions for bike counts at different hours.
• Deploy the solution on a scalable and reliable platform, considering factors like server infrastructure, response time, and user accessibility.
• Evaluation:
• Assess the model's performance using appropriate metrics such as Mean Absolute Error (MAE), Root Mean Squared Error (RMSE), or other relevant metrics.
• Fine-tune the model based on feedback and continuous monitoring of prediction accuracy.
• Result:
SYSTEM APPROACH
The "System Approach" section outlines the overall strategy and
methodology for developing and implementing the rental bike
prediction system. Here's a suggested structure for this section:
• System requirements
• Library required to build the model
ALGORITHM & DEPLOYMENT
• In the Algorithm section, describe the machine learning algorithm chosen for predicting bike counts.
Here's an example structure for this section:
• Algorithm Selection:
• Provide a brief overview of the chosen algorithm (e.g., time-series forecasting model, like ARIMA or
LSTM) and justify its selection based on the problem statement and data characteristics.
• Data Input:
• Specify the input features used by the algorithm, such as historical bike rental data, weather
conditions, day of the week, and any other relevant factors.
• Training Process:
• Explain how the algorithm is trained using historical data. Highlight any specific considerations or
techniques employed, such as cross-validation or hyperparameter tuning.
• Prediction Process:
• Detail how the trained algorithm makes predictions for future bike counts. Discuss any real-time data
inputs considered during the prediction phase.
RESULT
Present the results of the machine learning model in terms of its
accuracy and effectiveness in predicting bike counts. Include
visualizations and comparisons between predicted and actual counts to
highlight the model's performance.
CONCLUSION
Summarize the findings and discuss the effectiveness of the proposed
solution. Highlight any challenges encountered during the
implementation and potential improvements. Emphasize the importance
of accurate bike count predictions for ensuring a stable supply of rental
bikes in urban areas.
FUTURE SCOPE

Discuss potential enhancements and expansions for the system. This


could include incorporating additional data sources, optimizing the
algorithm for better performance, and expanding the system to cover
multiple cities or regions. Consider the integration of emerging
technologies such as edge computing or advanced machine learning
techniques.
REFERENCES
List and cite relevant sources, research papers, and articles that were
instrumental in developing the proposed solution. This could include
academic papers on bike demand prediction, machine learning
algorithms, and best practices in data preprocessing and model
evaluation.
GitHub Link: Link
Thank you

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