November 14, 2016

Overview

Functionality

The application is used to predict the price of a diamond based on its weight.

The slider allows you to select the diamond's weight and an interactive plot displays two lines indicating the price using two different linear models.

It's up to you to decide what price you think is more accurate for a particular diamond.

Dataset

Here's the summary of the diamonds dataset.

## Warning: package 'ggplot2' was built under R version 3.2.5
##      carat               cut        color        clarity     
##  Min.   :0.2000   Fair     : 1610   D: 6775   SI1    :13065  
##  1st Qu.:0.4000   Good     : 4906   E: 9797   VS2    :12258  
##  Median :0.7000   Very Good:12082   F: 9542   SI2    : 9194  
##  Mean   :0.7979   Premium  :13791   G:11292   VS1    : 8171  
##  3rd Qu.:1.0400   Ideal    :21551   H: 8304   VVS2   : 5066  
##  Max.   :5.0100                     I: 5422   VVS1   : 3655  
##                                     J: 2808   (Other): 2531  
##      depth           table           price             x         
##  Min.   :43.00   Min.   :43.00   Min.   :  326   Min.   : 0.000  
##  1st Qu.:61.00   1st Qu.:56.00   1st Qu.:  950   1st Qu.: 4.710  
##  Median :61.80   Median :57.00   Median : 2401   Median : 5.700  
##  Mean   :61.75   Mean   :57.46   Mean   : 3933   Mean   : 5.731  
##  3rd Qu.:62.50   3rd Qu.:59.00   3rd Qu.: 5324   3rd Qu.: 6.540  
##  Max.   :79.00   Max.   :95.00   Max.   :18823   Max.   :10.740  
##                                                                  
##        y                z         
##  Min.   : 0.000   Min.   : 0.000  
##  1st Qu.: 4.720   1st Qu.: 2.910  
##  Median : 5.710   Median : 3.530  
##  Mean   : 5.735   Mean   : 3.539  
##  3rd Qu.: 6.540   3rd Qu.: 4.040  
##  Max.   :58.900   Max.   :31.800  
## 

Scatterplot

This scatterplot compares the weight(carat) against the price.