Interview Query

Skewed pricing

Have you seen this question before?

Let’s say that we’re building a model to predict real estate home prices in a particular city.

We analyze the distribution of the home prices and see that the homes values are skewed to the right.

Do we need to do anything or take it into consideration? If so, what should we do?

Bonus: Let’s say you see your target distribution is heavily left instead. What do you do now?

Next question: Encoding Categorical Features
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