Question: While on lockdown at home, Ive painted a bold new piece of abstract art, and would like to estimate its dollar value. Which of the
While on lockdown at home, Ive painted a bold new piece of abstract art, and would like to estimate its dollar value. Which of the following approaches would qualify as an ensemble method?
A. Multiply the total cost of the materials used for the painting by 10.
B. List the painting on eBay with a very low starting price and see what price it ends up selling for.
C. Find a similar abstract art piece that was sold recently, and use its price as my estimate.
D. Ask 20 different art experts to estimate a dollar value, and take the average of their 20 estimates.
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