Guided Project: Predicting Car Prices - Why does the solution use Univariate and Multivariate models?

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#1

Hi,

I did this project and then looked at the solution, to find uni-variate and multi-variate models.

Why would the uni-variate approach be used when it is clear that a single factor alone is not responsible for the price calculation?

Is it for practice or should this be a normal approach I should take for the real life projects too?

Thanks.

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#2

Hi @mailradhakrishnasing,

The reasoning for this approach has been provided in screen 3 of this project:

Let’s start with some univariate k-nearest neighbors models. Starting with simple models before moving to more complex models helps us structure your code workflow and understand the features better.

Best,
Sahil

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