This project delves into a rich dataset containing information about short-term rentals in a geographic location. By analyzing this data, we aim to uncover insights and trends within the rental market.
How can I effectively encode non-numerical features like 'neighbourhood_group', 'neighbourhood', and 'room_type' into numerical representations, ensuring optimal utilization of this categorical data for analysis and modeling purposes while maintaining the meaningful distinctions inherent in each feature?
How can we comprehensively analyze the correlations between features within our dataset, discerning which features exhibit significant correlations and potentially uncovering underlying relationships or dependencies? Furthermore, could we visualize this analysis using a heatmap to provide a clear and intuitive representation of the correlations, thereby identifying clusters of correlated features for further investigation and potential feature engineering?
How does the price of listings correlate with the number of reviews they receive?
plot a graph (a suitable one) with 'number_of_reviews' on the x-axis and 'price' on the y-axis.
Observations:
Examine the graph plot to identify any discernible patterns or trends.
Analyze the relationship between price and the number of reviews:
* Are higher-priced listings associated with more reviews, or vice versa?
* Is there a correlation between price and the number of reviews?
What is the most effective method for filling missing values in the 'reviews_per_month' column of the dataset, and how does it impact the distribution of reviews per month?