Pricing Models Using Real Data


Authors: 
Tom Obremski
Volume: 
30(2)
Pages: 
online
Year: 
2008
Publisher: 
Teaching Statistics
URL: 
http://www3.interscience.wiley.com/journal/119398885/abstract
Abstract: 

A practical hands-on classroom exercise is described and illustrated using the price of an item as dependent variable throughout. The exercise is well-tested and affords the instructor a variety of approaches and levels.

The CAUSE Research Group is supported in part by a member initiative grant from the American Statistical Association’s Section on Statistics and Data Science Education