How to interpret an answer given by the Neural Network

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Bogdan 2012-12-11

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Hello people :)

Before I begin, I want to say that I am a beginner in the Neural Network field so, if the question seems stupid... please give me a correct answer :)

Yesterday I began to experiment with the Neural Network tools, more precisely with nnstart and nftool. I started with the famous house pricing example. I did everything the tutorial told me to do and I got an answer consisting in a matrix with one row and 506 columns, stored in the output variable.

The first three elements are as follows:

24.6073
22.6764
34.6302

And so on. So far so good. But here are my questions:

How to interpret those results? What should I understand from them? That the median price for neighborhood 1 should be or will be 24.6073? Or how?
Let's say that I have a 507th set of data. How can I find the answer for that single set of data, based on the data that the NN already has, without entering it into the input variables, re-training the network, etc.?

Thank you in advance.

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Answer 1

Greg Heath 2012-12-12

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编辑：Greg Heath 2012-12-12

Q1. How to interpret those results? What should I understand from them? That the median price for neighborhood 1 should be or will be 24.6073?

A1. For a house with those 13 input parameters, the predicted median house price is $24,607.30

Q2.Let's say that I have a 507th set of data. How can I find the answer for that single set of data, based on the data that the NN already has, without entering it into the input variables, re-training the network, etc.?

A2. The purpose of training the model is to estimate a median price given the 13 input parameters. Since the model is trained, to estimate the price of other houses not in the original set of 506, just use

priceestimate = net(newinput)

Otherwise design another model.

Hope this helps.

Thank you for formally accepting this answer.

Greg