BUSINESS SCHOOLPage 1 of 4QBUS6810Statistical Learning and Data MiningSemester 1, 2019Group Project: Airbnb Pricing Predictions1. Key informationRequired submissions: 1) Written report (submitted as one pdf file per group via Assignmentsubmission on Canvas); 2) Predictions for the test data (via Kaggle); 3) Python code (via email,the address to be provided). Further instructions will be posted on Canvas.Deadline: Friday May 31st at 5PM.Weight: 30% of your final grade.Groups: Complete the assignment in groups of four or five students. Make sure to sign intoyour group on Canvas; Canvas groups will be used for identification and assessment purposes.Length: Your written report should have a maximum of 15 pages (single spaced, 11pt, coverpage not included).Marking and key rules: A separately posted rubric indicates the marking criteria for the report. Carefully read the requirements for each part of the assignment. Please follow any further instructions announced on Canvas, particularly for submissions. You must use Python for this assignment. It is fine to use Excel for data manipulation(however, this approach is generally not recommended due to its inefficiency). The predictions for the test data on Kaggle must come from your own analysis in Python.An examination of the code will be conducted for verification purposes. Please note that it is your responsibility to be informed of and to follow the University ofSydney and Business School rules and guidelines. BUSINESS SCHOOLPage 2 of 42. Getting the dataThe data is posted on the Kaggle competition page. To be able to join the competition, youwill need to access the competition page via the following link:https://www.kaggle.com/t/28cb00294fe94927ac801164794b75ddYou will need to create a Kaggle account, identifiable by your name, to access the competition,download the data and make submissions. After you have created an account and loggedinto Kaggle, use the above link to get to the competition page (you need to be logged in toget to the competition page via the link). On this page you will need to click on the “JoinCompetition” link, located in a light blue box near the top right corner of the page”. After youaccept the competition rules, you will have joined the Kaggle competition for the groupproject.Each group should create a team on Kaggle. The group leader can create a team by joiningthe competition and then going into the “Team” tab, which will appear near the top of thecompetition page. The leader can then invite other group members using their (Kaggle)names (they need to first join the competition before they are able to be invited). Kaggleteams must be identical to the groups you formed on Canvas, and the team number mustmatch the group number. Each student in the group is required to sign up and be identifiableas a member of a Kaggle team.3. Problem descriptionAirbnb (www.airbnb.com) is a hospitality company that runs an online marketplace for rentingand leasing short-term lodging. It is interested in developing a pricing service for its usersthat will compute a recommended price based on the features of a listing. As a consultantworking for a data analytics company, you are approached by Airbnb to develop a model forpredicting nightly prices of Airbnb listings based on state-of-art techniques from statisticallearning. The focus of your analytics team is on the properties in London, UK.You are provided with a dataset containing detailed information on a number of existingAirbnb listings in London. As part of the contract, you are asked to write a report accordingto the instructions given below. The client will use a test set to evaluate your work.4. Understanding the dataA training dataset and a test dataset are posted on Kaggle. The latter omits the price values.Furthermore, Kaggle randomly splits the observations in the test set into validation (30%) andtest (70%) cases, but you will not know which ones are which.When you make a submission during the competition, you get a score equal to the RMSEcomputed on the validation cases. These scores are displayed on the “Public Leaderboard”and provide an ongoing ranking of teams. You can use the scores of your submissions to helpyou select the best predictive model. BUSINESS SCHOOLPage 3 of 4You will select one of your submissions to be used as final at the end of the competition. Oncethe competition is over, Kaggle will rank the teams’ final submissions based on the test casesonly, and those will be displayed on the “Private Leaderboard”. Your goal is to do as well aspossible on the Private Leaderboard at the end of the competition, so please be carefulnot to overfit the validation cases in an attempt to improve your public ranking.Data Description: Each row corresponds to a separate Airbnb listing in London, UK. As a consequenceof using real data, a detailed de代写QBUS6810作业、代做Data Mining作业、Python编程设计作业代写、Python程序作业调试 代做留scription of all the variables is not available. However,the names of the variables are self-explanatory. The first column in the data providesan identifier for each listing and is included to comply with the Kaggle format. It shouldnot be used as a predictor in the analysis. The response variable, price, is the secondcolumn in the training dataset. It gives the British pound sterling (GBP) price per nightfor each listing. Variables security_deposit, cleaning_fee and extra_people are alsomeasured in GPB and correspond to surcharges. Variables latitude and longitudespecify the geographic location of each property. Several variables are Boolean, withthe word true recorded as “t” and false recorded as “f”. Some of the listings havemissing values under some of the variables. Note that, in many cases, a missing valuemeans that the corresponding characteristic does not apply to that particular Airbnblisting. This is information, rather than lack of information, and you could make use ofthis information in your analysis.5. Written reportThe purpose of the report is to describe, explain, and justify your solution to the client. Youcan assume that the client is trained in business analytics, however, is not an expert in statisticallearning.Requirements:Your report must provide the validation (i.e. Public Leaderboard) scores for at least fivedifferent sets of predictions, including your final model. You need to make a submission onKaggle to get each validation score. The five sets of predictions should all come from differentstatistical learning methods.In the methodology section you will discuss two of the five models in detail (the other threedo not need to be discussed). One of these two models will be your final model. Also, one ofthese two models should be an interpretable model (e.g. OLS, subset selection, Lasso, Ridge,Elastic net, a single regression tree), and the second one should be a more advanced model(bagging, random forests, boosting, or a model that contains one of these three as a part).You will pay special attention to and report on the relationship between the location and theprice, both during the exploratory data analysis and during the model interpretation. As partof feature engineering, you should create one new location-related variable by using theexisting variables and, if you wish, external information. BUSINESS SCHOOLPage 4 of 4Suggested outline of the report:1. Introduction: write a few paragraphs stating the business problem and summarisingyour final solution and results. Use plain English and avoid technical language as muchas possible in this section (it should be for a wide audience).2. Data processing and exploratory data analysis: provide key information about the data,discuss potential issues, and highlight interesting facts that are useful for the rest ofyour analysis.3. Describe and justify your process of feature engineering.4. Methodology: here you will focus on the two models as outlined above (your rationalefor choosing the models and why they make sense for the data, description of howthese models are fitted, interpretations of the models in the context of the businessproblem at hand). This part is allowed to be more technical than the rest of the report.5. Validation set results from Kaggle and comparison of the methods.6. Final remarks (non-technical).6. Kaggle CompetitionThe purpose of the Kaggle competition is to incorporate feedback by allowing you to compareyour performance with that of other groups. Participation in the competition is part of theassessment, and you must make sure that your final submission is correct. Your ranking in thecompetition will typically not directly affect your marks (apart from thenbonus marks and theBenchmark requirement, as explained below), however, we will assess whether yourparticipation represents a genuine effort to make good predictions and improve them (inparticular, you should make sure to beat the “Benchmark” score on the Public Leaderboard).Real world relevance:The ability to perform in a Kaggle competition is highly valued by employers. Some employersgo as far as to set up a Kaggle competition just for recruitment.Bonus marks:The five teams with the best performance on the Private Leaderboard will receive bonus marksfor the assignment (with the total Group Project score capped at 100). The best performingteam will receive 10 bonus marks, the second team will get 8 marks, the third will get 6 marks,the fourth and fifth will each get 3 marks (however, the maximum score will remain at or below100). Please note that your choice of the final model has to be well justified in the report,and the Kaggle predictions must come from your own analysis in Python. An examination ofthe code will be conducted for verification purposes. Your code is required to reproduce theKaggle predictions included in the report.转自：http://www.7daixie.com/2019051813954910.html
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