A price hike is an atypical increase in the cost of an essential item. A price rise is an unusual increase in the prices of everyday basic goods. The price increase has several factors. Everyday items are becoming more and more expensive. In this research, we have used Bidirectional Long Short-Term Memory (BLSTM), Long Short-Term Memory (LSTM), AdaBoost, Support Vector Regression (SVR), Gradient Boosted Regression Tree (GBRT), and REST API for forecasting the prices for necessary commodities and we will evaluate efficiency by the value of gold. Our preeminent objective is to find a method that can detect and predict price hike that can be much more accurate and efficient than the other approaches that are currently available in the relevant literature. The acceptance of the detection and prediction is based on their accuracy and efficiency. Price hike predictions may role important for everyday life for many stakeholders, including firms, consumers, and government. The energetic and sporadic character of advertising estimating is highlighted as a major foreseeing.

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Comparative Analysis on Predicting Price Hike with Sources Using Different Machine Learning Algorithms

  • Taufique Hedayet,
  • Anup Sen,
  • Mahfuza Akter Jarin,
  • Md. Shohel Rana Shaon,
  • Joybordhan Sarkar,
  • Sadah Anjum Shanto

摘要

A price hike is an atypical increase in the cost of an essential item. A price rise is an unusual increase in the prices of everyday basic goods. The price increase has several factors. Everyday items are becoming more and more expensive. In this research, we have used Bidirectional Long Short-Term Memory (BLSTM), Long Short-Term Memory (LSTM), AdaBoost, Support Vector Regression (SVR), Gradient Boosted Regression Tree (GBRT), and REST API for forecasting the prices for necessary commodities and we will evaluate efficiency by the value of gold. Our preeminent objective is to find a method that can detect and predict price hike that can be much more accurate and efficient than the other approaches that are currently available in the relevant literature. The acceptance of the detection and prediction is based on their accuracy and efficiency. Price hike predictions may role important for everyday life for many stakeholders, including firms, consumers, and government. The energetic and sporadic character of advertising estimating is highlighted as a major foreseeing.