as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
design a machine learning algorithm for predicting the price of a house.
user
a machine learning algorithm for predicting the price of a house could be based on linear regression. the algorithm would use various features about the house such as square footage, number of bedrooms, location, condition of the house, etc. to determine the price. the model would be trained based on input data and be able to make predictions about the price of a house that has not been seen before.
assistant