Used Car value estimation using Data Analytics

Used Car value estimation using Data Analytics

1. Methods

   • Sentiment Analysis
     • Data preprocessing
       • Unstructured data
         • Tokenization
         • Stemming
         • Stop word removal
       • Structured data
         • Training
         • Testing
     • Scrapping data
       • Platform
         • Mudah.com
         • Youtube
         • Carbase
       • Techniques
         • Text analysis
         • Audio analysis
         • Predictive analysis
     • Approach
       • Lexicon based
         • Classification polarity
           • Positive
           • Negative
   • Machine learning
     • Techniques
       • Multiple linear Regression

2. Previous Research

   • Factors affecting used car prices
   • How to increase sale for second hand car
   • Impact on regression method on forecast resale prices of used car

3. Motivation

   • To help dealer to analyse the customer review on the car significant features from media
   • To help dealer to reduce the inventory cost of the used car
   • To help dealer to increase the sale for used car based on the significant features of the car
   • To help new drive or anyone who just learn to buy used car that commonly lack of knowledge on used car price and their characteristics

4. Theoritical Framework

   • Premilinary study
     • Used website such as www.paultan to dig knowledge and get deeper understand ing
   • Knowledge Acquisition
   • Development
     • System that can help user to buy used car

5. Used Car

   • Types of car
     • Continental car
       • BMW
       • Mercedes Benz
     • Local Car
       • Perodua
       • Proton
     • Other Asian car
       • Honda
       • Toyota
       • Hyundai
   • Variables of car
     • Car brand
     • Model
     • Year Manufactured
     • Engine capacity
     • Variant (Series)