A Machine Learning Framework for Profitability Profiling and Dynamic Price Prediction for the New York City Taxi Trips
Shylaja S*,
Kannika Nirai Vaani M
Abstract:
Abstract: The New York City Taxi & Limousine Commission's (NYC TLC) Yellow cabs are facing increased competition from app-based car services such as Ola, Uber, Didi, Lyft and Grab which is rapidly eating away its revenue and market share. Research work: In response to this, the study proposes to do profitability profiling of the taxi trips to focus on various key aspects that generate more revenue in future, visualization to assess the departure and arrival counts of the trips in various locations based on t… Show more
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