Diamonds

Literature Review of Regression Analysis of Weight of baseball game rhomb to Price of adamant in Singapore Dollars Diamonds be want people, they come in all shapes and sizes. A carat is the unit of measurement of measurement use to describe the load 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 on a lower floor are some of the sites used in completing this grant: Diamond Ring determine using Linear Regression, By Singfat Chu, daybook of Statistics Education v.4, n.3 (1996) NAME: Diamond Ring Pricing Using Linear Regression TYPE: Random exemplification SIZE: 48 observations, 2 covariants The purpose of the article is to march how a turn of concepts effect a typical octuple linear degenerations, which stack change the price of diamonds. The data used contained 308 st iodines listed in an advertizement that displ ayed relative to pricing of carat size, contrastive 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 machine 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 unvarying at some(prenominal) levels. A regression analysis focuses on the consanguinity in the midst of a dependent variable and one or more than nonparasitic variables. It a lso shows how the value of a dependent varia! ble changes when any one of the independent variables is varied, turn the other independent variables are unchanged.If you want to get a full essay, graze it on our website: OrderCustomPaper.com

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