Crop Price Estimation Using Stacking Ensemble Technique
Keywords:
Price Prediction, Stack Regressor, XGB Regressor, Random Forest RegressorAbstract
The agricultural sector in India, contributing approximately 17% to the GDP and engaging over 60% of the workforce, is at a pivotal juncture between traditional practices and modern technological advancements. This research explores the frontier of agricultural economics by employing an innovative approach to crop price prediction through the utilization of the Stacking Regressor algorithm. This advanced ensemble learning technique amalgamates the strengths of diverse regression models, harnessing their collective predictive power to yield superior accuracy. The study synthesizes historical crop data to construct a robust predictive framework. By integrating Random Forest and XGBoost regressors, the Stacking Regressor not only captures intricate patterns within the dataset but also adapts dynamically to the ever-changing agricultural landscape. This research aims to redefine the precision of crop price forecasting, offering a holistic and adaptable solution to stakeholders in the agri-business sector. As the global demand for sustainable and resilient agricultural practices intensifies, this research endeavors to empower farmers with a state-of-the-art solution, fostering informed decision-making and contributing to the advancement of a more resilient and efficient agricultural ecosystem.
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