Predicting the Level of Crowdfunding Outcome in Africa A Supervised Machine Learning Approach
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2021, Vol 5, Issue 4
Abstract
One crucial challenge of crowdfunding is that it is hard for fundraisers and backers to anticipate the outcome of crowdfunding campaigns. Across platforms, many crowdfunding campaigns fail to achieve their funding goal. Hence, studies focusing of the outcome of crowdfunding is also growing. In this study, we implement a supervised machine learning methodology to investigate the determinants of the level of crowdfunding with emphasis on Africa. The statistical methods used in the study produced a high prediction accuracy. Irrespective of the method used, the number of backers is identified to be the most important predictor of the level of funding. Also, the average amount pledged to the project and the duration of the project are important features that predict the level of funding. Isaac Okyere Paintsil | Zhao Xicang | Oliver Joseph Abban "Predicting the Level of Crowdfunding Outcome in Africa: A Supervised Machine Learning Approach" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-4 , June 2021, URL: https://www.ijtsrd.compapers/ijtsrd42539.pdf Paper URL: https://www.ijtsrd.comeconomics/finance/42539/predicting-the-level-of-crowdfunding-outcome-in-africa-a-supervised-machine-learning-approach/isaac-okyere-paintsil
Authors and Affiliations
Isaac Okyere Paintsil | Zhao Xicang | Oliver Joseph Abban
Keywords
Related Articles
- EP ID EP695830
- DOI -
- Views 72
- Downloads 0
A Comparative Study on Mutual Fund Schemes of Selected AMC’s In India
Mutual funds are becoming a popular avenue for investment. Investors, who want enjoy the benefits of returns of stock market but less aware of it, for them mutual fund is the best investment option. The Indian mutual fun...
A Study of Computer Knowledge among the Pupil Teachers of B.Ed. Course in Aurangabad City
The knowledge of computer or Computer literacy is considered to be a very important skill to possess while in the first world. Employers want their workers to have basic computer skills because their company becomes ever...
Effect of Biodiesel Blends on Diesel Engine
The present research, utilised only renewable oil samples to reduce atmospheric pollution and also to decrease our reliance on fossil oil products and provide a direction towards alternative fuel usage in diesel engines....
Design Thinking
Design thinking refers to a formal method for solving problems and providing solutions. It is one of the promising ways of transforming organizations. Researchers working in several disciplines continue to study the ways...
State of the Art in the Field of Hardware Implementable Image Resizing Applications
Image zooming is a principal image processing operations. JPEG methods are acceptable standards while it is among lossy methods, but still produce acceptable quality outcome. Zooming deals with resizing images in search...