Machine Learning-Based Mobile Device Resale Price Estimator: A Predictive Analytics Approach

The rapid growth of Pakistan's mobile resale market, based on frequent gadget upgrades, requires smartphone valuations to be precise. This study introduces a mobile resale calculator that uses machine learning algorithms to provide predictions. Our technology analyzes the key parameters, which...

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Bibliographic Details
Main Authors: Umm-e-Laila Mehdi, Khalid Mahboob, Samar Raza Talpur, Khaliq Ahmed, Mohammad Khurram
Format: Article
Language:English
Published: Shaheed Zulfikar Ali Bhutto Institute of Science and Technology 2024-12-01
Series:JISR on Computing
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Online Access:http://jisrc.szabist.edu.pk/ojs/index.php/jisrc/article/view/241
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Summary:The rapid growth of Pakistan's mobile resale market, based on frequent gadget upgrades, requires smartphone valuations to be precise. This study introduces a mobile resale calculator that uses machine learning algorithms to provide predictions. Our technology analyzes the key parameters, which include storage capacity, facial recognition, PTA clearance, battery health, screen quality, warranty coverage, packaging, and device condition, to give accurate forecasts. The proposed approach allows for the making of informed decisions and maximization of returns on investment. Interestingly, our experiment shows that the Random Forest algorithm yields an accuracy of 0.97, which justifies our methodology.
ISSN:2412-0448
1998-4154