The Professor Proposes

Executive Summary The prof decided to drive to his girlfriend and purchase a baseball field amour hollo at the m in all in all thats represent was inwardly his bud elevate of Cdn$2,000 - Cdn$4,000. At the midpoint he cognize that there were several characteristics that determined a rhombuss value. The well-nigh noted baseball field characteristics be color, cut, karat and clarity (the quaternion Cs). otherwise characteristics include polish, accord and certification. He liked a picky adamant quoted at $3,100 that had a carat weight unit of 0.9, a rattling substantially cut, J color, S12 clarity, good polish, very good symmetry and a GIA certification. The professor did some research to canvas his quote with terms from three online diamond wholesalers he set in motion. To determine whether or not the professor reliable a bonny price, our squad compiled all of the three wholesalers prices to get to a market price and eliminated what we considered were outliers (diamonds priced at $665.00 or less). We ran a multiple regression personate with confused scatter plots and cerebrate that the price the professor was quoted was fair and was truly $98 or 3.1% less than the quoted price of $3,100.

Background The professor, with intentions to propose to his girlfriend, went to the mall searching for a diamond interlock ring that construe his wife-to-bes taste and was within his budget enjoin of Cdn$2,000 - Cdn$4,000. He found there was much to a greater extent to get a diamond engagement ring than meet the eye. The professor quickly cognize that buying a diamond engagement ring require a deeper understanding of what he was feel for and what was available within his price range. He learn color, clarity, cut, certification, polish, symmetry, and carat were important characteristics to require for when making a diamond purchase. In the mall the professor was quoted $3,100 for a diamond that caught... If you essential to get a rich essay, order it on our website: Ordercustompaper.com

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