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Predicting diamond prices helps buyers and sellers make informed decisions by understanding market trends and potential future values.

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diamond-price-ored

Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. At room temperature and pressure, another solid form of carbon known as graphite is the chemically stable form, but diamond almost never converts to it. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are utilized in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth .

Diamonds Dataset :

This classic dataset contains the prices and other attributes of almost 54,000 diamonds. Dataset is taken from Kagglelink

Content

  1. price price in US dollars ($326--$18,823)

  2. carat weight of the diamond (0.2--5.01)

  3. cut quality of the cut (Fair, Good, Very Good, Premium, Ideal)

  4. color diamond colour, from J (worst) to D (best)

  5. clarity a measurement of how clear the diamond is (I1 (worst), SI2, SI1, VS2, VS1, VVS2, VVS1, IF (best))

  6. x length in mm (0--10.74)

  7. y width in mm (0--58.9)

  8. z depth in mm (0--31.8)

  9. depth total depth percentage = z / mean(x, y) = 2 * z / (x + y) (43--79)

table width of top of diamond relative to widest point (43--95)

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Predicting diamond prices helps buyers and sellers make informed decisions by understanding market trends and potential future values.

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