Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The file eBayAuctions.cvs contains information on 1 9 7 2 auctions that transacted on eBay.com during May - June 2 0 0 4 . The
The file eBayAuctions.cvs contains information on auctions that transacted on
eBay.com during MayJune The goal is to use these data to build a model that will classify auctions as competitive or noncompetitive. A competitive auction is defined as an auction with at least two bids placed on the item auctioned. The data include variables that describe the item auction category the auction terms that the seller selected openprice closeprice, currency, endDay of auction, and sellerrating The task is to predict whether or not the auction will be competitive, namely, "Competitive" is the outcome variable.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started