Price analysis of used sailboats based on LightGBM model

Authors

  • Xinyu Gao
  • Jingjing Zhu
  • Rui Yang

DOI:

https://doi.org/10.54097/hset.v53i.9709

Keywords:

LightGBM; paired t-test; linear regression.

Abstract

The pricing of second-hand sailboats is a very important issue, because it is directly related to the investment and profits of sailboat operators. This paper mainly conducts further research on the pricing of second-hand sailboats. First, we establish a LightGBM regression mathematical model through data. Second, we identify the two regional factors with the highest correlation with price and conduct qualitative analysis on them. Then, we took Hong Kong as the research object, obtained the regional effect of its prediction results, and verified the accuracy by t-test.

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References

Mao Pan. Research on Influencing Factors of used car price evaluation based on BP neural network. XiHua University, 2020.

Jia Pengxiang. The Used Cars’ Price Forecast Based On LightGBM. Shandong Normal University, 2021.

Wu Xiqingyong. Research on Used car pricing based on data mining. 2095-6649(2020)08-0006-003, 2020.

Wei Haijiao, A Literature Review of the Inflfl uencing Factors of Used Car Price Assessment in China. Renmin University of China.

Ma Wenyi. Research on value evaluation and investment decision of second-hand dry bulk carriers, Shanghai Jiaotong University, 2020.

Li EnLIn. Study of Second-hand Ship Purchasing Decision-making Model Based on Price Fluctuations. Harbin Engineering, 2021

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Published

30-06-2023