Assignment 1
Assignment 1
12-Apr-2025
a. Pipeline
i. Justify whether it’s a classification or regression problem you are solving. Provide a
very concise explanation of the same. (5M)
Answer :
The problem given is about the regression as it is about predicting the count of bikes
being rented by customers based on the different parameters given like season, hour of
the day, weekday, etc. By using this model, bike company can do better demand
planning & plan the bike availability at different times of the year, day, season and also
depending on the weather.
Classification problem would ask us to predict a certain category based on the given
number of parameters which is not relevant for current problem given.
ii. Justify whether it’s a classification or regression problem you are solving. Provide a
very concise explanation of the same. (5M)
Answer : The model performance can be summarized as below based on the valuation
parameters given.
I need to fine tune this model to increase the R squared value as much as closer to 1
0o move towards better prediction.
b. Mean Absolute Error – 0.08789745
The MAE here is suggesting the accuracy of regression model. It measures the
average magnitude of errors in predictions. It is essentially summarizing the
difference of actual and predicted values for all observations divided by number of
observations. Since the value is much lower, it indicates better model performance.
In the context of this example, the count of bikes is not in the range of 1 to 0 but is
in the range of much higher number like 1 to 977. So getting the RMSE below 1
suggests good model performance of the regression model.