Physical Sciences and Mathematics Commons^™

The Initial Phases Of A Consistent Pricing System That Reflects The Online Sale Value Of A Horse, Curran A. Prettyman

Lewis Honors College Capstone Collection

Horses are one of the most uniquely priced commodities. This document provides a solution to an industry-wide weakness of inconsistent pricing and confusion. In the following report, an evaluation of the industry flaw is presented, an econometric approach is described in full, and a solution is proposed using insight gained from a regression analysis. This report uses an econometric approach to determine the impact of hunter jumper horse qualities on internet sale prices. Data is compiled from bigeq.com for seventy-eight horses in the states of Illinois, Indiana, Kentucky, Michigan, and Ohio. A linear regression analysis for twelve variables establishes that …