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Model Description

California Housing Prices

Model Features (as defined in original data set from the StatLib repo. http://lib.stat.cmu.edu/datasets/ [1])

  • MedInc median income in block*
  • HouseAge median house age in block*
  • AveRooms average number of rooms
  • AveBedrms average number of bedrooms
  • Population block population
  • AveOccup average house occupancy
  • Latitude house block latitude
  • Longitude house block longitude

*A block group is the smallest geographical unit for which the U.S. Census Bureau publishes sample data (300 - 6.000 people) [2]

Target variable

  • Median house value for California districts

References

[1] Pace, R. Kelley and Ronald Barry, Sparse Spatial Autoregressions, Statistics and Probability Letters, 33 (1997) 291-297
[2] https://scikit-learn.org/stable/datasets/index.html#california-housing-dataset