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Predicting car price using ML algorithm
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Table of Contents

About The Project

This project uses vehicle dataset from cardekho to predict car price. Dataset contains information about used cars listed on www.cardekho.com.

Steps involved

  • Reading data from source and performing EDA
  • Performing feature engineering to feed desired data into ML model
  • Finding best set of hyper-parameters using Randomized Search CV to train the model
  • Evaluating various Regressor ML models using cross-validation and residual plot
  • Creating web application using flask to predict car price based on various attributes.
  • Finally, deploying the web application on cloud based platform (i.e. Heroku)

Tools used

Following are the tools/frameworks used in developing the application:

Libraries

Below is the list of python libraries used in this project:

import pandas as pd
import numpy as np
import matplotlib.pyplot as plt
import seaborn as sns
import os
import sklearn
import flask

Getting Started

Installation

To install any of the aforementioned libraries, below command can be written in the Anaconda prompt or terminal :

pip install <package_name>

Data Analysis and Model Selection

Refer Car_Price_Prediction.ipynb to find details regarding data analysis and model selection.

To check model performance, Residual plot and scatter plot between y_test-y_pred are used.

Below are the final metrics obtained for various models that were considered in analysis.

Application Development

After model selection, the web application is developed using flask which is a python based web-framework. For source code refer app.py.

Below are few snapshots of application in use:

  • Step 1 Filling attributes related to car

  • Step 2 Displaying predicted cost

Model Deployment

Model is deployed on heroku which is a cloud based PaaS.

Application link : https://carprizpred.herokuapp.com/

Contact

Raj Praveen Pradhan - LinkedIn

Project Link: https://github.com/rppradhan08/Car_Price_Prediction

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