Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Predicting the cost of cab rides using machine learning

Predicting the cost of cab rides using machine learning

Marus, Anna

Paperback

General Mathematics

ISBN10: 6208511526
ISBN13: 9786208511524
Publisher: Our Knowledge Publishing
Published: Dec 29 2024
Pages: 64
Weight: 0.23
Height: 0.15 Width: 6.00 Depth: 9.00
Language: English
Taxis are an integral part of modern society. And predicting the cost of journeys is of great importance to passengers, taxi drivers and taxi companies. It allows passengers to plan their expenses and avoid unexpectedly high prices. For taxi drivers, it helps them optimise their work, choose more profitable routes and increase their earnings. It helps taxi companies to manage prices, attract more customers and increase their profits. In addition, predicting the cost of taxi rides can be useful for city authorities when planning transport infrastructure and developing urban public transport programmes. Applying machine learning to taxi fare forecasting can take into account many factors such as distance, time of day, weather conditions, demand level and many others to create more accurate and reliable forecasts. Thus, predicting the cost of taxi journeys using machine learning methods is an urgent task that can benefit both individual users and society as a whole.

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