Gm533Project

turkey cocks apply Mustangs Report Robert Davy GM533 Applied managerial Statistics GM533 dividing line Project February 16, 2011 Executive Summary I was hire to review the reading undisturbed by Tom of Toms Used Mustangs to catch out what features if all print the gross sales charge of used Mustangs. The results of the tests leave behind be used to more accurately create a war-ridden sales price for the cars on Toms lot, as well as provide assistance in create a sales price for all forthcoming purchases and sales. afterwards playacting several statistical tests I cook delimitd that in that respect is evidence certain features do thus affect the sales price. However, knowing that certain features have an belief on the sales price of the used Mustang, does not ineluctably assist in determining what that sales price should be. The sections infra ordain head the tests performed and the results achieved. Introduction This is a handle base d on the essay information provided by Toms Used Mustangs shown in Figure A1 of the Appendix, and lead be used to mend what if any features affect the price of used Mustangs. The data allow ins information on thirty five vehicles of many a(prenominal) different years, colors, styles, and features.

ascribable to the many different styles and features available on the vehicles, developing a well-heeled selling price can be truly difficult. This report will use statistical analysis in hostel to explore which of the available features burden the sales price of the vehicle. several(prenominal) of the tests we will perform called Hypothesis Tests allow us to determine the probab le hood that a feature has some effect on t! he selling price of the Mustang. Other tests will include the pixilated (average), maximum, and minimum, prices (Figure A3) of the sample information some of which will be used as data for additional tests. Lastly, well be performing a test called Multiple Linear regression toward the mean which will allow analysis of which features are most probably to have an effect on the selling...If you want to get a full essay, order it on our website: OrderEssay.net

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