Question: Competitive Auctions on eBay.com. The file eBayAuctions.csv contains information on 1972 auctions that transacted on eBay.com during MayJune 2004. The goal is to use these
Competitive Auctions on eBay.com. The file eBayAuctions.csv contains information on 1972 auctions that transacted on eBay.com during May–June 2004. The goal is to use these data to build a model that will classify auctions as competitive or noncompetitive. A competitive auction is defined as an auction with at least two bids placed on the item auctioned. The data include variables that describe the item (auction category), the seller (his/her eBay rating), and the auction terms that the seller selected
(auction duration, opening price, currency, day-of-week of auction close). In addition, we have the price at which the auction closed. The task is to predict whether or not the auction will be competitive?
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