MEMORANDUM

32-Used Autos Study

(A random sample of 743 recently sold used cars.)

Scenario

Don't use plagiarized sources. Get Your Custom Essay on
MEMORANDUM
Just from $13/Page
Order Essay

You are employed as a research assistant at the American Automobile Association (AAA) and your supervisor, Salvador Apari, asks you to study the characteristics of recently sold used cars. For this purpose you take a sample of 743 automobiles that were recently resold.

For each automobile you collect data on several variables (see the Variable INFO tab) but for the reports you will be preparing you decide to focus on one key numerical variable, “Price” (i.e., the price paid in thousands of dollars when purchasing the used vehicle), and one key categorical variable, “Type” of vehicle – Coupe, Minivan Muscle Cr, PickupT, Sedan, SedanWg, Sports Cr, SUV, Van, or Wagon. You also decide to use a grouping categorical variable “Origin” since each vehicle is manufactured in either Asia or Europe or in the USA. This will enable you to make comparisons of both the “Price” of the vehicle and the “Type” of vehicle based on its origin – manufactured in either Asia or Europe or manufactured in the USA. In addition, you have also selected the numerical variable “Mileage” (i.e., the mileage, in thousands, recorded on the odometer of the used vehicle at time of resale) to develop a simple linear regression model to predict the “Price.”

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code GOODESSAY