Enhance GDP Growth Prediction Model Interpretability and Visualization

[FreeSpirit11]

Description:
The current implementation of the growth prediction model lacks sufficient visualizations and interpretability features, limiting its ability to provide comprehensive insights into the relationship between market capital and GDP growth. To improve the user experience and facilitate better understanding, we propose enhancing the model with additional visualizations and interpretability tools.

Proposed Changes:

1. Feature Importance Plot: Generate a feature importance plot to visualize the relative importance of each feature (percentage change in market capital) in predicting GDP growth. This will help users understand which factors have the most significant impact on GDP.

2. Residual Plot: Plot the residuals (differences between actual and predicted GDP values) to assess the goodness-of-fit of the model and identify any systematic errors or patterns.

3. Time Series Decomposition: Decompose the GDP time series data into trend, seasonal, and residual components to uncover underlying patterns and seasonal fluctuations in GDP growth.

4. Correlation Heatmap: Create a heatmap to visualize the correlation between GDP growth and other economic indicators or macroeconomic variables, providing insights into potential relationships and dependencies.

5. Interactive Plots: Implement interactive visualization libraries like Plotly or Bokeh to create dynamic and interactive plots, allowing users to explore the data dynamically and interact with specific data points.

6. Model Performance Metrics: Display performance metrics such as Mean Absolute Error (MAE), Mean Squared Error (MSE), and R-squared (R2) score to quantify the accuracy and performance of the regression model.

Benefits:

• Improved model interpretability and insightfulness.
• Enhanced user experience through interactive visualization.
• Better understanding of the relationship between market capital and GDP growth.
• Quantitative assessment of model performance using performance metrics.

[FreeSpirit11]

Hi @Akshat111111 , I have raised this issue. Please assign it to me.

[krati234]

assign this please

[Akshat111111]

@FreeSpirit11 is already working, I will suggest you to create a new issue with specific functionality.