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A machine learning project in python on predicting medical insurance costs

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medical-insurance-prediction

Overview

This project aims to build a predictive system that serves as a valuable tool for estimating medical insurance expenses based on relevant factors. It assists in decision-making and planning for both individuals and insurance providers.

The predictive system utilizes several libraries, including numpy, pandas, matplotlib, seaborn, scikit-learn, and a Linear Regression model. These libraries enable the system to predict the cost of medical insurance effectively. By harnessing the power of these libraries, the system analyzes a comprehensive dataset and applies machine learning techniques to accurately estimate the insurance cost, taking into account factors such as age, BMI, number of children, and smoking habits.

Technical aspects of the predictive system:

  • Data manipulation and preprocessing tasks performed using numpy and pandas libraries.
  • Visualizations created using matplotlib.pyplot and seaborn libraries to understand variable relationships.
  • Data split into training and testing sets using train_test_split from scikit-learn library.
  • Linear Regression used as the predictive model.
  • Performance of the model assessed using metrics from scikit-learn library.
  • Evaluation of accuracy of predicted medical insurance costs.

Feel Free to check out the code!

🚀 About Me

Hi there! I am Sai Vamsi, a final year computer science undergraduate with specialization in Artificial Intelligence at Vel Tech University, Chennai. I have a strong passion for software development, and Artificial Intelligence.

I'm proficient in C, C++, Java, and Python programming languages. I also have expertise in Data Structures and Algorithms. Besides, I am a Full-stack Web Developer who is familiar with front-end development technologies like HTML, CSS, JavaScript, and React, and also back-end development with Node.js, Express.js, and MongoDB.

On my GitHub profile, you can find a collection of projects that demonstrate my programming and development skills.

Thank you for taking the time to learn about me, and feel free to check out my projects on GitHub!

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A machine learning project in python on predicting medical insurance costs

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