A jewelry secure wants to refer a bid to donation a extensive store of diamonds but is fluctuating how plenteous it should bid. You procure use the results from a ominous pattern to shape a instruction on how plenteous the jewelry fraternity should bid for the diamonds.
A diamond distributor has recently ruled to debouchure the negotiate and has put up a store of 1,000 diamonds up for auction. Seeing this as a noble opening to dilate its register, a jewelry secure is spirited in making a bid. To determine how plenteous to bid, the secure’s analytics section procure use a extensive database of diamond figures to found a direct retreat pattern to prognosticate the figure of a diamond based on its attributes.
As the office analyst, you are tasked to found the direct retreat pattern and use that pattern to shape a instruction for how plenteous the fraternity should bid for the undiminished store of 1,000 diamonds. (CLOs 1,5,7,8,10,11)
To exhaustive this assignment, you procure be referting a perfect in Word using a relation format to furnish the answers to the aftercited questions across five steps.
Step 1 – Inquiry and Reflect:
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