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Pricing the C's of Diamond Stones

Pricing the C's of Diamond Stones

This article, created by Singfat Chu of the National University of Singapore, describes a dataset containing information on 308 diamond stones, which is useful when studying concepts in multiple linear regression analysis. Some of the key concepts include: categorical variables, data transformation and standardized residuals. It shows how the same type of linear regression used in such fields as finance, marketing and human resources can be used for this type of study.


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