Diamonds are some of the most expensive and sought after luxury items in the world. The market price of gemstones, particularly diamonds, are dictated by a combination of factors that include the stone's carat, cut, color, and clarity (4 C's). While each factor is equally important as the others, this project seeks to identify and analyze the association between a diamond's price and its carat weight, arguably the two factors that consumers are most cognizant towrads.
Data processing and analysis results can be found in Diamond_Research.ipynb
Diamonds Database: https://www.kaggle.com/shivam2503/diamonds