Predicting Profit of a Startup Companies using Machine Learning Algorithms


Authors : Dr. SK. Mahaboob Basha; R. Manikanta; Ch. Sirisha; P. Ramyasri

Volume/Issue : Volume 8 - 2023, Issue 5 - May

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://bit.ly/3MoyJ8W

DOI : https://doi.org/10.5281/zenodo.7935331

The profit earned by a company for aspecific period depends on several factors like howplenty of time and money a company spends on research and development marketing and alive more. So forecast the profit of a company for a specific period we need to alternation a machine learning model with a dataset that containsfactual data about the profit generated by the company. We can set an achievable goal predictingprofit is an important task for every business. For example, if the business allots $500 on marketing, it can’t take a profit of $20,000. correspondingly, there are lot of other components on which the profit of a business depends. A company should set a goal that can be accomplished. In the section below, I will walk you buttoned up the task of profit prediction with machine learning using Python. When there is no automated system there is alwaysa hard in predicting profit as there are more considerations to be done. Wisdom of Models is a machine learning algorithm for predicting profit via research and development costs, administration cost and marketing spend in a business. Wisdom of Models focusses on other three machine learning algorithms, svr, random forest and linear regression to derive a new prediction. Many companies, institutions, governments, and Private organisations are funding these businesses and enticing people to utilise them to investigate their ideas.

Keywords : Research and Development, Wisdom of Models, Administration Cost, Marketing Spend, SVR, Random Forest, Linear Regression

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