-
Notifications
You must be signed in to change notification settings - Fork 118
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
- Loading branch information
1 parent
bd3496e
commit cbaacf5
Showing
1 changed file
with
29 additions
and
0 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,29 @@ | ||
# Advertisement Budget Prediction | ||
|
||
## Project Overview | ||
This project aims to predict sales revenue based on advertisement budgets allocated across different channels, specifically TV, radio, and newspapers. Using multiple machine learning models, we analyze the impact of each media on overall sales, helping businesses make data-driven decisions on advertisement spending. | ||
|
||
## Dataset | ||
The dataset used in this project is sourced from [Kaggle](https://www.kaggle.com/), which includes the following features: | ||
- **TV**: Budget spent on TV advertising. | ||
- **Radio**: Budget spent on radio advertising. | ||
- **Newspaper**: Budget spent on newspaper advertising. | ||
- **Sales**: Sales revenue generated. | ||
|
||
## Project Structure | ||
- **Data Analysis**: Preliminary analysis to understand relationships between features and target variable. | ||
- **Data Cleaning**: Handling missing values and any data preprocessing required. | ||
- **Model Building**: Creating regression models to predict sales, including: | ||
- **Multiple Linear Regression** | ||
- **Polynomial Regression** | ||
- **Ridge Regression** | ||
- **Lasso Regression** | ||
- **Model Evaluation**: Models are evaluated using: | ||
- **R-squared** | ||
- **Root Mean Squared Error (RMSE)** | ||
- **Residual Sum of Squares (RSS)** | ||
- **Mean Squared Error (MSE)** | ||
|
||
## Evaluation Results | ||
Models are compared based on the evaluation metrics above, identifying the best fit based on performance on both training and testing data. Polynomial regression models were found to have the best performance based on the RMSE and R-squared metrics. | ||
|