Omar Aljohani
ABSTRACT
Buying a house of their own is a goal of most people, regardless of where they come from and their purchasing power. In order to help people realize this goal within their means, regression techniques such as Multiple linear, Ridge and Lasso regressions and other methods may be applied to determine a fair price. To that end, this paper is based on analysis done by applying the three regression models on a dataset obtained from the King County, WA, United States, to understand which model is most effective to achieve the above goal.
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