Predicting Car Prices in Federal Auctions

Project Details

Term: 

2010

Students: 

Tetsuya Morito, Karen Pereira, Jung-Fu Su, Mahsa Saedirad

University: 

UMD

Presentation: 

Report: 

The goal of this project is to provide buyers who attend Federal government car auctions, a simple indicator of whether or not to bid for specific vehicles, thus helping to improve their decision-making process and their chances of winning a fair bid.

We thank Karl Olson for sharing the data and the problem.

Application Area: