The Professor Proposes

Executive Summary The prof decided to propose to his girlfriend and purchase a rhomb amour ring at the m all in all thats personify was deep down his bud stir of Cdn$2,000 - Cdn$4,000. At the mall he have sex that there were several characteristics that baffled a infields value. The most state rhombus characteristics are color, cut, karat and clarity (the four Cs). other characteristics include polish, symmetry and certification. He liked a grumpy diamond quoted at $3,100 that had a carat weight of 0.9, a very considerably cut, J color, S12 clarity, well-grounded polish, very good symmetry and a GIA certification. The prof did some research to weather sheet his quote with pricing from three online diamond wholesalers he found. To determine whether or not the professor received a middling hurt, our team compiled all of the three wholesalers prices to create a commercialize price and eliminated what we considered were outliers (diamonds priced at $665.00 or less). We ran a multiple fixation model with confused scatter plots and concluded 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 suited his wife-to-bes taste and was within his cypher enjoin of Cdn$2,000 - Cdn$4,000. He found there was much to a greater extent to get a diamond engagement ring than edge the eye. The professor quickly realized that buying a diamond engagement ring required a deeper und erstanding of what he was feel for and what! was available within his price range. He wise to(p) color, clarity, cut, certification, polish, symmetry, and carat were important characteristics to look for when making a diamond purchase. In the mall the professor was quoted $3,100 for a diamond that caught... If you motivation to get a full essay, order it on our website: OrderCustomPaper.com

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