Keyword: «cost estimation models»

The author conducted a comparative analysis of regional markets in terms of vacuum cleaners sale by means of creating cost estimation models within a comparative assessment approach. On the basis of correlation analysis, the main pricing factors were identified; the degree of influence upon vacuum cleaners price parameters in Saratov and Khabarovsk were compared; the evaluation model was constructed with the help of regression analysis; Goldfeld-Quandt and Durbin-Watson tests were conducted to check the models quality.