Subscribe Now Subscribe Today
Science Alert Home Journals at Science Alert For Authors For Subscribers Contact Us
   
Information Technology Journal
  Year: 2014 | Volume: 13 | Issue: 13 | Page No.: 2121-2128
DOI: 10.3923/itj.2014.2121.2128
Study on the Use of Equidistant Binning on Residential Hedonic Price Discretization
Wang Heyong, Hong Ming and Meiling Shyu

Abstract:
Hedonic price model is the commonly used method in studies of the residential price. Most of the current residential hedonic price models predict the numeric value of residential prices directly, but it is also meaningful to give reasonable intervals to tell the ranges of residential prices. Residential price variables are grouped using equidistant binning and other three discretization techniques for comparison and classification models are built to test the fitness of each discretization techniques in the models. It is the conclusion that equidistant binning is the best.
 [Fulltext PDF]   [Fulltext HTML]   [XML: Abstract + References]   [References]   [View Citation]  [Report Citation]
How to cite this article:

Wang Heyong, Hong Ming and Meiling Shyu, 2014. Study on the Use of Equidistant Binning on Residential Hedonic Price Discretization. Information Technology Journal, 13: 2121-2128.

DOI: 10.3923/itj.2014.2121.2128

URL: http://scialert.net/abstract/?doi=itj.2014.2121.2128

 
COMMENT ON THIS PAPER
.
 
 
 
 

 

 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 

                 home       |       journals        |       for authors       |       for subscribers       |       asci
          © Science Alert. All Rights Reserved