APPLICATION OF RANDOM FOREST ALGORITHM ON WATCH PRICE PREDICTION SYSTEM USING FRAMEWORK FLASK
Abstract
In the modern era like today, watches not only function as timepieces, but have become a fashion trend for the community, especially teenagers. The increasing market demand for watches opens up opportunities for counterfeit watch sellers to sell their products by claiming that the watches they sell are genuine watches by offering relatively cheaper prices compared to genuine watches. This is very detrimental to consumers and also the watch industry. To minimize fraud committed by fake watch sellers, it is necessary to know the price of the original watch in advance, before buying the desired watch. Therefore, the purpose of this study is to predict the price of watches using the Random Forest method and will be developed into a web system using the Framework Flask. The results of the study using 3337 trees obtained an accuracy rate of 84,98% with a MAPE of 15,02%. The most influential variable on the price of watches is the material variable with the level of importance obtained at 0,359. After getting the best model, the model is then developed into a web system using the help of the Framework Flask and Heroku which can later be accessed online.
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