Taxi Demand Prediction using ML

Abstract

Abstract: Taxi plays a crucial role in transportation especially in urban areas.Predicting the future demand for taxis in particular geographical location will greatly help internet based transportation companies like Ola, Uber etc. So that we can drastically decrease the waiting time of customers/passengers and also it helps taxi drivers to move to particular location where demand is high eventually making passengers,drivers and companies happy. In this Project we like to predict the demand for taxi in particular location for next 10 min using previous time series data .we want to perform this task of regression using machine learning models with high accuracy and then we would like to apply deep learning models and compare the results.we like to propose the best suited and high accuracy model for the problem.It will greatly help companies in managing the taxi fleet in cities.