{"slug": "quantile-regression-caught-the-house-price-ols-missed-by-55k", "title": "Quantile Regression Caught the House Price OLS Missed by $55K", "summary": "A quantile regression approach on 88 house sales produced a 90% prediction interval spanning $136K to $227K for a home that ordinary least squares (OLS) priced at $164K, while the actual sale price was $219K, according to a Towards Data Science post. The OLS estimate missed the sale price by $55K, whereas the interval built from 5th and 95th percentile models contained it. The comparison illustrates how percentile-based models can quantify uncertainty that a single point estimate from OLS hides.", "body_md": "# Quantile Regression Caught the House Price OLS Missed by $55K\n\nOn 88 house sales, OLS predicted $164K for a $219K home, while a 90% interval from 5th and 95th percentile models spanned $136K to $227K. The post Quantile Regression Caught the House Price OLS Missed by $55K appeared first on Towards Data Science.\n\n## Key Takeaways\n\n- •Latest on Quantile Regression Caught the House Price OLS Missed by $55K — reported by Towards Data Science for the newsletter space.\n- •This story was reported by **Towards Data Science** , covering developments in the**newsletter** space.\n- •AI advancements continue to reshape industries — read the full article on Towards Data Science for complete coverage.\n\n📖 Continue reading the full article:\n\n[Read Full Article on Towards Data Science →](https://towardsdatascience.com/quantile-regression-caught-the-house-price-ols-missed-by-55k/)", "url": "https://wpnews.pro/news/quantile-regression-caught-the-house-price-ols-missed-by-55k", "canonical_source": "https://ainexusdaily.vercel.app/article/2026-11-09-quantile-regression-caught-the-house-price-ols-missed-by-55k", "published_at": "2026-11-09 12:00:00+00:00", "updated_at": "2026-11-09 15:21:55.848184+00:00", "lang": "en", "topics": ["machine-learning"], "entities": ["Towards Data Science"], "also_reported_by": [], "alternates": {"html": "https://wpnews.pro/news/quantile-regression-caught-the-house-price-ols-missed-by-55k", "markdown": "https://wpnews.pro/news/quantile-regression-caught-the-house-price-ols-missed-by-55k.md", "text": "https://wpnews.pro/news/quantile-regression-caught-the-house-price-ols-missed-by-55k.txt", "jsonld": "https://wpnews.pro/news/quantile-regression-caught-the-house-price-ols-missed-by-55k.jsonld"}}