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IMPLEMENTATION OF XGBOOST ALGORITHM TO PREDICT THE SELLING PRICE OF CAYENNE PEPPERS IN DKI JAKARTA.

Authors :
Riando, Dhafin
Afiyati, Afiyati
Source :
Eduvest: Journal Of Universal Studies. Sep2024, Vol. 4 Issue 9, p7877-7889. 13p.
Publication Year :
2024

Abstract

This research focuses on applying the XGBoost algorithm to analyze and predict cayenne pepper prices. The main aim is to exploit XGBoost's exceptional capability to manage large datasets and discern intricate patterns for precise price forecasting. The dataset comprises historical cayenne pepper price data, along with pertinent economic and climatic factors. The XGBoost model was developed and validated on this dataset, with its performance assessed using metrics. The results indicated a high level of accuracy, achieving an R² score of 99% on the training set and 92% on the test set, reflecting a strong alignment between predicted and actual prices. Moreover, the model attained an average cross-validation score of 96%, reinforcing its robustness and reliability. These findings highlight XGBoost's efficacy in agricultural price prediction, offering stakeholders a potent tool for data-driven decision-making. This study enriches the literature on machine learning applications in agriculture and emphasizes XGBoost's potential to enhance predictive accuracy and operational efficiency. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
27753735
Volume :
4
Issue :
9
Database :
Academic Search Index
Journal :
Eduvest: Journal Of Universal Studies
Publication Type :
Academic Journal
Accession number :
180129697
Full Text :
https://doi.org/10.59188/eduvest.v4i9.3784