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Sales and pricing data that is subject to noise and skewness are managed with difficulty thanks to the Copper Industry Sales and Leads Prediction Project. In the industry, manual forecasts can be inaccurate and time-consuming. The creation of machine learning models is the main goal of this project in order to overcome these obstacles.

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Industrial-Copper-Modelling

Copper Industry Sales and Leads Prediction Project

Overview:

The Copper Industry Sales and Leads Prediction Project addresses challenges in managing sales and pricing data characterized by skewness and noise. Manual predictions within the industry are often time-consuming and may lack accuracy. To overcome these challenges, this project focuses on the development of machine learning models.

Tools Used:

  • Python: Facilitates versatile programming capabilities.
  • Pandas and NumPy: These libraries will be used for data manipulation and preprocessing.
  • Scikit-Learn: A powerful machine learning library that includes tools for regression and classification models.
  • Streamlit: A user-friendly library for creating web applications with minimal code, perfect for building an interactive interface for our models.

Steps in the Solution:

1. Exploring Data:

  • Identify and address skewness and outliers in the dataset.

2. Data Preprocessing:

  • Transform data into a suitable format.
  • Clean and preprocess data, handling missing values.

3. Regression Model:

  • Utilize machine learning regression to predict the continuous variable 'Selling_Price.'
  • Apply advanced techniques like data normalization and feature scaling.

4. Classification Model:

  • Develop a classification model to predict lead statuses (WON or LOST).

5. Streamlit Web App:

  • Create an interactive Streamlit web page.
  • Input column values to get predicted 'Selling_Price' or lead status (WON/LOST).

Conclusion:

This project addresses critical challenges in the copper industry by employing machine learning techniques for sales and lead prediction. The developed models enhance decision-making efficiency, providing a robust solution for accurate 'Selling_Price' predictions and lead classification.

About

Sales and pricing data that is subject to noise and skewness are managed with difficulty thanks to the Copper Industry Sales and Leads Prediction Project. In the industry, manual forecasts can be inaccurate and time-consuming. The creation of machine learning models is the main goal of this project in order to overcome these obstacles.

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