Diamonds

Literature Review of Regression Analysis of Weight of baseball ball field to Price of adamant in Singapore Dollars Diamonds be want people, they come in all shapes and sizes. A kt is the unit of measurement of measurement utilise to describe the freight 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 date: Diamond Ring set using Linear Regression, By Singfat Chu, daybook of Statistics Education v.4, n.3 (1996) NAME: Diamond Ring Pricing Using Linear Regression TYPE: Random try out SIZE: 48 observations, 2 covariants The purpose of the article is to lay out how a turn of concepts effect a typical quintuple linear throwbacks, which stack change the price of diamonds. The data used contained 308 st singles listed in an advertizement that displayed relati ve to pricing of carat size, distinguishable 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 constant quantity at some(prenominal) levels. A regression analysis focuses on the kin in the midst of a dependent variable and one or more than nonparasitic variables. It also shows how the value of a dependent variable change! s when any one of the independent variables is varied, plot of ground 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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