Transcription of Modeling House Price Prediction using Regression Analysis ...
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Modeling House Price Prediction using Regression Analysis ...
(IJACSA) International Journal of Advanced Computer Science and Applications, Vol. 8, No. 10, 2017 323 | P a g e Modeling House Price Prediction using Regression Analysis and Particle Swarm Optimization Case Study: Malang, East Java, IndonesiaAdyan Nur Alfiyatin Faculty of Computer Science Brawijaya University, Malang, Indonesia Ruth Ema Febrita Faculty of Computer Science Brawijaya University, Malang, Indonesia Hilman Taufiq Faculty of Computer Science Brawijaya University, Malang, Indonesia Wayan Firdaus Mahmudy Faculty of Computer Science Brawijaya University, Malang, Indonesia Abstract House prices increase every year, so there is a need for a system to predict House prices in the future. House Price Prediction can help the developer determine the selling Price of a House and can help the customer to arrange the right time to purchase a House .
Hedonic pricing is a price prediction model based on the hedonic price theory, which assumes that the value of a property is the sum of all its attributes value [20]. In the implementation, hedonic pricing can be implemented using regression model. Equation 1 will show the regression model in determining a price.
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