Analysis of Laptop Price Influencing Factors and Price Prediction

Sihan Guo, Jihao He

2024

Abstract

This study extensively investigates the intricate factors influencing laptop prices, aiming to demystify the laptop market’s complexities and develop a robust predictive model for pricing. Employing a dataset comprising 1303 diverse laptop models, the research meticulously examines various attributes such as brand, screen size, CPU, RAM, storage type, graphics card, operating system, and weight. The study’s thorough data preprocessing, ensuring data integrity and suitability for analysis. Initial exploratory data analysis (EDA) uncovers revealing trends and correlations, notably emphasizing the significant impact of brand and technical specifications on laptop prices. The research methodically employs descriptive statistics to succinctly summarize the dataset, alongside utilizing graphical representations to vividly illustrate the distribution and relationship of key attributes. Furthermore, a detailed correlation analysis illuminates the complex interplay among various features, elucidating their collective influence on pricing. Conclusively, this study not only provides a comprehensive analysis of the myriad factors affecting laptop prices but also introduces a sophisticated tool for price prediction. This significant contribution aids consumers in making informed decisions and offers valuable insights for market analysis.

Paper Citation

in Harvard Style

Guo S. and He J. (2024). Analysis of Laptop Price Influencing Factors and Price Prediction. In Proceedings of the 1st International Conference on Data Science and Engineering - Volume 1: ICDSE; ISBN 978-989-758-690-3, SciTePress, pages 470-475. DOI: 10.5220/0012822300004547

in Bibtex Style

@conference{icdse24,
author={Sihan Guo and Jihao He},
title={Analysis of Laptop Price Influencing Factors and Price Prediction},
booktitle={Proceedings of the 1st International Conference on Data Science and Engineering - Volume 1: ICDSE},
year={2024},
pages={470-475},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012822300004547},
isbn={978-989-758-690-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Data Science and Engineering - Volume 1: ICDSE
TI - Analysis of Laptop Price Influencing Factors and Price Prediction
SN - 978-989-758-690-3
AU - Guo S.
AU - He J.
PY - 2024
SP - 470
EP - 475
DO - 10.5220/0012822300004547
PB - SciTePress