How This Model Can be Used
The Diamond Pricing Tool (Beta) is best used for comparing two round brilliant diamonds to each other to get a sense of which one is a better value for the money.
It is very hard to compare two different diamonds to each other. Often
there are too many differences even when comparing a 1.0 carat diamond
to another 1.0 carat. The color and symmetry may be better on Diamond
A, while the clarity and depth may be better on Diamond B.
This model takes into account how important the individual variables are and how they affect the price of a diamond. This allows you to compare two diamonds even if they are totally different, and determine which is a better value for the price. You can also compare 2 diamonds from different stores and understand which store is offering better values.
This model is intended
to help you make a purchase decision by helping you understand the relative
value of diamonds and their attributes. While market value and price
are important factors in choosing a diamond, you should also consider
which qualities are most important to you personally before purchasing.
Tell us what you think at inquiries [at] andersonanalytics.com
Terms
of Service
Anderson Analytics believes informed consumers and marketers are the
cornerstone of a healthy free market environment and is delighted to
share this tool with those who agree to the terms of use below.
Disclaimer: For informational purposes only. The tool utilizes multiple prediction models. The main model has an accuracy >= R .91, R2 .83, F 69161. Depending on specifications your diamond may be predicted with more or less accuracy. Anderson Analytics does not sell diamonds and does not represent or endorse the accuracy or reliability of the model.
Indemnity: You agree to indemnify, defend and hold harmless Anderson Analytics, LLC, its officers, employees, consultants and agents from any and all third party claims, liability, damages and/or costs (including, but not limited to, attorneys fees) arising from your use of our services.
Intellectual
Property: The Diamond Pricing Tool is intellectual property
of Anderson Analytics, LLC. You acknowledge and agree that this website
contains proprietary and confidential information that is protected
by applicable intellectual property and other laws.
© 2006
Anderson Analytics, LLC
