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Here's a `README.md` file for your **AI-based Diamond Price Prediction and Classification** project, incorporating details from the proposal while maintaining a clear and structured format.
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```markdown
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# AI-Based Diamond Price Prediction and Classification
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This project aims to predict diamond grading prices, GIA-certified prices, and classification-based changes in diamond attributes using machine learning models. The system processes diamond attributes from engineer plans and provides AI-driven insights into pricing and parameter variations.
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---
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## π Project Overview
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The goal of this project is to develop an AI-driven pipeline for automating diamond grading and certification price predictions. The system leverages machine learning models to analyze historical diamond data, predict pricing estimates, and provide classification-based recommendations.
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### πΉ Features:
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- Predict **GIA-certified prices** and **grading prices** for diamonds.
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- Classify and recommend **potential changes in diamond parameters**.
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- Analyze **historical data trends** for better forecasting.
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- Provide **real-time AI predictions via a web-based interface**.
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---
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## π Problem Statement
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Diamond pricing and grading involve complex, time-consuming manual evaluations. This project automates the process by utilizing **machine learning models** to predict pricing, detect parameter changes, and generate valuable insights for decision-making.
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---
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## βοΈ Tech Stack
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| Component | Tools & Technologies |
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|-----------------|---------------------|
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| **Data Collection** | Python (Requests, SQL) |
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| **Data Preprocessing** | Pandas, NumPy, Scikit-learn Pipelines |
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| **Model Development** | Scikit-learn, XGBoost, LightGBM, TensorFlow/PyTorch |
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| **Model Evaluation** | Scikit-learn metrics (RMSE, MAE, RΒ²), Evidently, Prometheus |
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| **Deployment** | Flask, FastAPI, Docker |
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---
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## π Setup & Installation
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### 1οΈβ£ Create a Virtual Environment
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```bash
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python -m venv venv
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source venv/bin/activate # On Windows: venv\Scripts\activate
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```
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### 2οΈβ£ Install Dependencies
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```bash
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pip install -r requirements.txt
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```
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### 3οΈβ£ Run the Application
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```bash
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python app.py
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```
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OR (if using Docker)
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```bash
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docker-compose up --build
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```
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---
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## π Application Workflow
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### **πΉ Prediction Module**
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**Input:** Diamond parameters from engineer plans:
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`Tag, EngCts, EngShp, EngQua, EngCol, EngCut, EngPol, EngSym, EngFlo, EngNts, EngMikly, EngLab, EngAmt`
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**Process:**
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1. **Historical Learning:** AI model learns from past diamond data.
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2. **Training:** Identifies patterns linking diamond attributes to final pricing.
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3. **Deployment:** Predicts `GrdAmt, ByGrdAmt, GiaAmt` for new inputs.
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**Output:**
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- AI-generated price estimates with **>95% accuracy**.
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---
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### **πΉ Classification Module**
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**Input:** Engineer Plan data with additional attributes:
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`Tag, EngCts, EngShp, EngQua, EngCol, EngCut, EngPol, EngSym, EngFlo, EngNts, EngMikly, EngLab, EngAmt, Carat, Black_Code, White_Code`
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**Process:**
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1. **AI Model Training:** Learns from past cases where Carat, Black_Code, or White_Code led to different outcomes.
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2. **Alert Generation:** Detects discrepancies in new inputs and suggests corrections.
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**Output:**
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- **Alerts and recommendations** for potential adjustments in diamond parameters.
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---
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## π App Structure
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```
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.
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βββ app.py # Flask application
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βββ templates/
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β βββ index.html # Home page
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β βββ output.html # Prediction result display
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βββ uploads/ # Uploaded diamond datasets
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βββ Model/ # Trained AI models (joblib)
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βββ Label_encoders/ # Encoders for categorical variables
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βββ requirements.txt # Dependencies
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βββ Dockerfile # Containerization setup
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βββ README.md # Documentation
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```
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---
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## π Key Features
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β **GIA Price Prediction** β Estimates diamond grading costs.
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β **Parameter Classification** β Identifies changes in carat, shape, and other factors.
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β **Real-time AI Predictions** β Instant price estimates based on historical data.
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β **User-friendly Web Interface** β Upload diamond data and get instant insights.
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β **Downloadable Reports** β Export predictions and analysis as CSV files.
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---
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## π API Endpoints
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| Endpoint | Method | Description |
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|----------|--------|-------------
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