Taxi Fare Price Prediction Project by Micci micciTaxi Fare Price Prediction Project by Micci micci

Taxi Fare Price Prediction Project

Micci micci

Micci micci

Taxi Fare Prediction Project

Project Overview

Automatidata team to build a multiple linear regression model to predict taxi fares using existing data that was collected by the team.Build a multiple linear regression model.

Objective

The goal is to build a multiple linear regression model and evaluate the model. It includes:
Conduct a complete exploratory data analysis.
Perform any data cleaning and data analysis steps to understand unusual variables (e.g., outliers).
Use descriptive statistics to learn more about the data.
Build and run a regression model.

Model Training

Develop a multiple regression model using different features to train the model with 80% of data and validate the model with 20% .

Result and Impact

Model Evaluation
mean_duration and mean_distance are the best predictor for taxi fares with R^2: 86% indicating how well the model fits the data.
rush_hour and passenger_count are also have affect the fare_amount but not much significant.
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Posted Sep 3, 2025

Build a multiple linear regression model to predict taxi fares using existing data that was collected by the team.Build a multiple linear regression model.