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 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.

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Publication Details

Journal
Journal of Independent Studies and Research - Computing
Published
2024-12-19
DOI
https://doi.org/10.31645/jisrc.24.22.2.11
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

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

Khaliq Ahmed, Khalid Mahboob, Muhammad Khurram, Samar Raza Talpur et al.
Journal of Independent Studies and Research - Computing
Blockchain Technology Applications and Security
article

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

Khaliq Ahmed, Khalid Mahboob, Muhammad Khurram, Samar Raza Talpur, Umm-e-Laila Mehdi
article en

Abstract

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.

Journal of Independent Studies and Research - ComputingVol. 22(2)
Iqra University (PK), Institute of Business Management (PK), Sukkur IBA University (PK)
Openalex Percentile: Top 63%
Blockchain Technology Applications and Security
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Machine Learning-Based Mobile Device Resale Price Estimator: A Predictive Analytics Approach — Khaliq Ahmed, Khalid Mahboob, et al. · Journal of Independent Studies and Research - Computing (2024) | TGRS Research Map | TGRS