International Journal of Psychosocial Rehabilitation, Vol.

24, Issue 03, 2020

ISSN: 1475-7192

A Random Forest-based Classification Method for

Prediction of Car Price
K. Vengatesan, Rohit Ravindra Nikam, S. Yuvaraj,
Ankoshe Malakappa Shankar, Punjabi Shivkumar Tanesh and
Abhishek Kumar 
Abstract--- Data analytics is playing an important role in e-commerce, in which the classification algorithms
like linear regression and Random forest help in buying and selling the product as per market demand. Customer
needs identification is a very challenging task. In this proposed work, we have developed an algorithm to predict the
price of a car based on the various attributes of the car. In this work, two algorithms: linear regression and the
random forest were implemented which can predict the correct market value of a car model for the considered data
set and the results are compared using various statistical parameters.

Keywords--- Prediction, Classification, Linear Regression, Random Forest.

I. INTRODUCTION
The expenses of new vehicles in the business are fixed by the maker with some additional costs brought about by
the Government as evaluations. Right now, buying another vehicle can be ensured of the money they add to be
praiseworthy. Be that as it may, due to the extended expense of new automobiles and the powerlessness of
customers to buy new vehicles in view of the nonattendance of benefits, people use vehicle bargains are on an
overall addition (Pal, Arora and Palakurthy, 2018). There is a prerequisite at an exchange vehicle cost estimate
structure to feasibly choose the estimation of the vehicle using a variety of features. Regardless of the way that there
are locales that offer this organization, their conjecture procedure may not be the best. Likewise, different models
and structures may contribute to anticipating power for an exchange vehicle's genuine market regard. It is basic to
understand their genuine market regard while both buying and selling. To have the alternative to foresee used
vehicles grandstand worth can bolster both the buyers and sellers.
Anticipating the cost of trade-in vehicles has been considered broadly in different inquires about. Listiani talked
about, in her paper composed for Master theory [2], that a relapse model that was manufactured utilizing Support
Vector Machines (SVM) can anticipate the cost of a vehicle that has been rented with preferable accuracy over
multivariate relapse or some straightforward different relapse. This is in light of the fact that Support Vector
Machine (SVM) is better in managing datasets with more measurements and it is less inclined to over-fitting and
under-fitting. The shortcoming of this inquire is that the difference in basic relapse.
Exact vehicle esteem conjecture incorporates ace data since cost, by and large, depends upon various undeniable
features and factors. Ordinarily, the most imperative ones are brand and model, age, torque, and mileage. The fuel

K. Vengatesan, Sanjivani College of Engineering, Savitribai Phule University, MH, India. E-mail: vengicse2005@gmail.com
Rohit Ravindra Nikam, Sanjivani College of Engineering, Savitribai Phule University, MH, India.
S. Yuvaraj, SRM Institution of Science and Technology, Chennai, India.
Ankoshe Malakappa Shankar, Sanjivani College of Engineering, Savitribai Phule University, MH, India.
Punjabi Shivkumar Tanesh, Sanjivani College of Engineering, Savitribai Phule University, MH, India.
Abhishek Kumar, Banaras Hindu University, Varanasi, India. E-mail: abhishek.maacindia@gmail.com

DOI: 10.37200/IJPR/V24I3/PR2020298
Received: 20 Feb 2020 | Revised: 28 Feb 2020 | Accepted: 14 Mar 2020 2639