University | Curtin University (CU) |
Subject | Quantitative Methods for Business Research |
Quantitative Methods for Business Research Report, CU, Singapore: Consider the ‘Diamond’ dataset It is provided as Microsoft Excel Workbook
Consider the ‘Diamond’ dataset. It is provided as Microsoft Excel Workbook. Data are for 308 round-cut diamonds, taken from a newspaper ad. The codes are as follows:
1. IDNO – an identification number for each data point.
2. WEIGHT – weight of the diamond, in carats.
3. COLOR – degree of colour purity in the diamond: “D” represents top colour purity grade; Lesser grades are “E”, “F”, and so on, through the alphabet. Note that these grades are ranked and should be coded according to their order.
4. CLARITY – diamond clarity (presence or absence of minute flaws): “IF” means “internally flawless” – the top grade; “VVS1” and “VVS2” for “very very slightly imperfect”; and, “VS1” and “VS2” for “very slightly imperfect”. Note that these grades are ranked and should be coded according to their order.
5. RATER – the diamond was evaluated by one of three independent rating agencies: “GIA” – Gemmological Institute of America (based in New York); “IGI” -International Gemmological Institute (Antwerp); “HRD” – Hoge Raad Voor Diamant (Antwerp). 6. PRICE – in Singapore dollars.
2. Question 2:
2.1. One of the claims in the diamond market is that the rating agencies have influence (or are contingent on) the rating of diamonds according to their clarity (presence or absence of minute flow). You are required to conduct the relevant statistical technique to prove or disprove that claim.
2.2. In the diamond market, it is always argued that diamond price is associated with diamond weight. Provide statistical evidence to prove or disprove that argument.
3. Question 3 3.1. Another argument in the diamond market is that diamond price is predicted by diamond weight. Provide statistical evidence to prove or disprove that argument.
3.2. A fourth argument is that diamond weight is not the sole predictor of diamond price. Diamond color and clarity are also significant predictors or diamond price. Provide statistical evidence to prove or disprove that argument.
Buy Custom Answer of This Assessment & Raise Your Grades
Singaporean students studying Quantitative Methods for Business at Curtin University (CU) can benefit from our specialized assistance. We offer comprehensive support, including TMA guidance, solution of summative assignments, and essay writing services. Our platform caters to various aspects of the course, including research reports analyzing datasets like the 'Diamond' dataset. Pay our experts for top-quality guidance and conquer your coursework with ease. Trust us to provide reliable assistance and achieve academic success.
Tags:-
- Business Accounting & Finance – (VM) – A3 Assignment, UOM, Singapore
- HRM3010S: Managing People At Work, Assignment, UCD, Singapore
- HFS351: Safety Management and Audit, End-of-Course Assessment, SUSS, Singapore
- HFSY217: Emergency Preparedness and Response Planning, TMA (Tutor-Marked Assignment), SUSS
- CMM315: TMA (Tutor-Marked Assignment) – Peacebuilding and Security, SUSS, Singapore
- Harley Davidson utilized different entry mode strategies in pursuit of internationalization: Sustainable, Assignment, UoN, Singapore
- Nursing Patients With Chronic Illness, Assignment 3, LTU, Singapore: Jason Bundhoo is a 42-year-old car driver from Triolet
- DSM: R for Data Science, Coursework 2, UOL, Singapore: In this coursework assignment you should return to this dataset and perform an appropriate investigation into building a statistical model
- DSM120: Financial Data Modelling, Coursework 1, UOL, Singapore
- Data Science Final Project, Coursework 1, UOL, Singapore: Your first formal coursework submission is your full project proposal, This sets out very clearly what your Data Science Project will be, and also how you will conduct the project
UP TO 15 % DISCOUNT