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help me find a prediction of house price

tamararidwantamararidwan Member Posts: 7 Contributor I
edited November 2019 in Help
hi, i'm new in rapidminer and a student, i have a project to find a prediction of house price from the data i attach here. can anyone please help me to find the accuracy of the house price? since i tried so hard but always meet with rmse.
it would be great if anyone can help me.
thanks

Best Answers

  • lionelderkrikorlionelderkrikor Posts: 934   Unicorn
    Solution Accepted
    Hi @tamararidwan,

    The accuracy is a performance metric dedicated to classification tasks. 
    Prediction of house price, like your project, is a regression task (target variable is continuous). So RapidMiner propose RMSE as performance metric.
    However if you want a percentage as performance metrics for your regression task, you have to use (inside your Cross Validation operator) the Performance (Regression) operator  and check relative error.

    Hope this helps,

    Regards,

    Lionel
  • varunm1varunm1 Posts: 999   Unicorn
    Solution Accepted
    Hello @tamararidwan

    @lionelderkrikor already gave some great inputs, one thing to add is squared correlation  (R squared, Range between 0 to 1 in rapidminer). The model is better if its closer to 1, most of the time above 0.6 is acceptable and it also depends on the problem domain.

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