Construction of A Used Sailboat Listing Price Model Based on Big Data

Authors

  • Shaoyi Niu
  • Weizhen Lin
  • Guanghua Lu
  • Li Guo
  • Tao Liu
  • Ruofeng Qiu
  • Yunfei Qi

DOI:

https://doi.org/10.56028/aemr.6.1.274.2023

Keywords:

Monohulled Sailboats, Catamaran, Market, Sailboat Age, Pricing Strategy.

Abstract

With the continuous advancement of economic globalization, the second-hand sailboat market is also booming. However, many problems have arisen during the development process. To standardize the second-hand market, provide reasonable second-hand sailboat pricing, and stabilize the development of the second-hand sailboat market, this article constructs a relevant data model and provides several suggestions. To build the model, this article partially visualized the monohulled sailboat data and conducted chi-square analysis on factors such as region and sailboat age. It also drew a correlation matrix between various factors to obtain their correlation. Combined with data, factor analysis was used to reduce the dimensions of the considered factors. Finally, multiple regression was used to construct a model for the listing price of second-hand sailboats. The relevant data was obtained through a crawler program from SailboatData.Com.

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Published

2023-06-15