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Journal of Artificial Intelligence
  Year: 2008 | Volume: 1 | Issue: 1 | Page No.: 21-27
DOI: 10.3923/jai.2008.21.27
 
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Application of Neural Network in Evaluating Prices of Housing Units in Nigeria: A Preliminary Investigation

Peter O. Eriki and Ralph I. Udegbunam

Abstract:
The objective of the research is to compare the application of Brain Maker Neural Network (BMNN) and Multiple Regression Model (MRM) in the evaluation of housing unit prices in Nigeria when compared with the actual prices of sold houses in Nigeria between 1980 and 2001. The study revealed that Neural Network performed better than Multiple Regression Model in evaluating housing units in Nigeria. The research recommended that neural network should be used by stakeholders in the real estate sector in the evaluation and determination of housing unit prices in Nigeria in order to aid the fast emerging housing industry.
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How to cite this article:

Peter O. Eriki and Ralph I. Udegbunam , 2008. Application of Neural Network in Evaluating Prices of Housing Units in Nigeria: A Preliminary Investigation. Journal of Artificial Intelligence, 1: 21-27.

DOI: 10.3923/jai.2008.21.27

URL: https://scialert.net/abstract/?doi=jai.2008.21.27

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