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Case

Sarah Gets a Diamond

By Pfeifer, Phillip E. / Mills, Greg

Decision Analysis

Greg Mills describes his search for the perfect engagement ring which includes an analysis of the prices of 6,000 diamonds. An engineer, Greg hopes to impress Sarah Staggers by using regression to find an underpriced diamond. Students are asked to either select one of the 6,000 diamonds or provide point forecasts for prices of 3,142 diamonds in a hold-out sample. The instructor can use the actual prices of the held-out diamonds to evaluate student pricing models.

Collection: Darden University of Virginia (USA)

Ref: DARDEN-QA-0702-E

Format: PDF

Number of pages: 13

Publication Date: Sep 7, 2007

Language: English

Review date: Dec 15, 2009

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Sarah Gets a Diamond

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Sarah Gets a Diamond

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Sarah Gets a Diamond

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