Sarah Gets a Diamond
Pfeifer, Phillip E...
Sarah Gets a Diamond
Pfeifer, Phillip E.; Mills, Greg
QA-0702 | Published July 9, 2007 Case
Collection: Darden School of Business
Product Details
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.
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