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Sarah Gets a Diamond

Pfeifer, Phillip E...

Case

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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