Diamonds be want people, they come in all shapes and sizes. A carat is the unit of measurement of measurement used to describe the weight of diamonds. Diamonds are express in points, where 1 carat diamond has 100 points. galore(postnominal) factors affect the price of diamonds like weight, cut, color and clarity. Listed below are some of the sites used in completing this assignment:
Diamond Ring Pricing using Linear Regression, By Singfat Chu, daybook of Statistics Education v.4, n.3 (1996)
NAME: Diamond Ring Pricing Using Linear Regression
TYPE: Random Sample
SIZE: 48 observations, 2 covariants
The purpose of the article is to show how a turn of concepts effect a typical multiple linear regressions, which stack change the price of diamonds. The data used contained 308 stones listed in an advertizement that displayed relative to pricing of carat size, different grades of clarity and color. The pester of the resulting regression line is negative and significantly different from zero.
This decision raises questions about an assumed pricing mechanism and motivates consideration of therapeutic actions.
Elementary Statistics, By Triola, M.F., 2008
The concept of regression is a prevision of the levels of one variable when another is held constant at some(prenominal) levels. A regression analysis focuses on the relationship in the midst of a dependent variable and one or more than nonparasitic variables. It also shows how the value of a dependent variable changes when any one of the independent variables is varied, while the other independent variables are unchanged.If you want to get a full essay, graze it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment