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Pricing Models Using Real Data |
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| Authors: | Tom Obremski |
| Institution: | University of Denver, USAe‐mail: tobremsk@du.edu |
| 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. |
| Keywords: | Teaching Dependent variable Independent variable Correlation Simple linear regression model |