Project Proposal Feedback #1
Description
Total: 7.775/9
Abstract (0.9/1)
Which kind of regression model (linear regression, regression tree etc.) are you going to use? You should mention that in this section. -Yicheng
Background (0.875/1)
One more piece of literature is needed. If you can add footnotes it will be great. -Jason
Research Problem(& Significance, Purpose of the project) (1.25/1.5)
OLS and WLS are NOT metrics. They are regression models. Hence, your research question is somehow ambiguous. Are you trying to find the correct price for the used car? Or are you trying to find a balance point between the price and the days it takes for the seller to sell the car? -Yicheng
Data (1.25/1.5)
How would you handle missing values? How would you handle categorical features? -Yicheng
Proposed Solution (1/1.5)
You need a benchmark model for your final project. (When we say “benchmark”, we mean some pre-existing models.)
Also, I’m somehow afraid that linear regression might be too simple for your task. Maybe you want to check regression tree algorithm. (We’ve actually covered this in lectures. It’s called CART, or, classification and regression tree) -Yicheng
No benchmark model mentioned. -Jason
Metrics (1.5/1.5)
Ethics & Privacy (0.5/0.5)
Team Expectations (0.25/0.25)
Timeline (0.25/.25)
Other Comments - Make sure to implement all of the feedback mentioned here. If you make these changes for your Project Checkpoint, you will recieve points back on this proposal assignment!