Skip to content

Building ML model to identify oil well region with the highest profit using bootstrapping technique

Notifications You must be signed in to change notification settings

schketik/oil-wells-research-bootstrapping

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

4 Commits
 
 
 
 

Repository files navigation

The objective is to develop a machine learning model (Linear Regression) to identify the region with the highest potential for profitable extraction. Subsequently, the model will be used to assess potential profit and associated risks through the Bootstrap technique. The process involves the following steps:

  • Data preprocessing and cleaning
  • Exploratory Data Analysis (EDA)
  • Correlation analysis between key features
  • Statistical analysis
  • Model training and evaluation
  • Profit estimation and risk analysis using the Bootstrap method

About

Building ML model to identify oil well region with the highest profit using bootstrapping technique

Topics

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published