Sapphire Team - Predict the Income Class of US Population ‎12‎/‎7‎/‎2017 [Predictive Exp.]

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Predict and classify the income class. Accuracy should be more than 70%.
Given various features, the aim is to build a predictive model to determine the income level for people in US. The income levels are binned at below 50K and above 50K. This is a binary classification problem. So we need to predict whether the U.S. citizen earns above 50k or below 50k.