Sarah Gets a Diamond
Publication date: 20 January 2017
Abstract
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.
Keywords
Citation
Pfeifer, P.E. and Mills, G. (2017), "Sarah Gets a Diamond", . https://doi.org/10.1108/case.darden.2016.000271
Publisher
:University of Virginia Darden School Foundation
Copyright © 2007 by the University of Virginia Darden School Foundation, Charlottesville, VA. All rights reserved.