Predict the sales price of a sports car

Assignment Help Basic Statistics
Reference no: EM131042040

In order to predict the sales price of a sports car, several factors are being investigated. These factors include the speed at ¼ mile (mph), horsepower, and curb weight (in lbs). The data is provided below. You should be able to copy and paste this into an Excel file.:

Dependent Variable:

  • The price of the vehicle (Example: A value of 25.035 represents $25,035).

Independent Variables:

  • The quarter mile speed
  • The horsepower
  • The curb weight.

Price ($1000s)

Speed at 1/4 mile (mph)

Horsepower

Curb Weight (lb.)

54.365

105

355

3265

74.759

120.3

459

3332

27.985

95.2

236

3243

33.444

93.5

209

3061

51.433

96.8

230

3256

47.072

94.8

197

3039

52.875

103.2

332

3752

31.065

89.2

166

2876

33.294

106.4

317

3475

51.350

96.7

215

2839

45.456

108.1

332

3519

46.413

101

250

3301

Reference no: EM131042040

Questions Cloud

Calculate the expected value-variance : Calculate the expected value, the variance, and the standard deviation of the given random variable X. (Round your answers to two decimal places.) Thirty-seven darts are thrown at a dartboard. The probability of hitting a bull's-eye is.1. Let X be..
Determine the return on the stock market : Determine the return on the stock market over your school term based on the percentage change in the S&P 500 index level over the term
Order of the nested mappings in the flatmap : Louis Reasoner is having a terrible time doing exercise 2.42. His queens procedure seems to work, but it runs extremely slowly. (Louis never does manage to wait long enough for it to solve even the 6× 6 case.) When Louis asks Eva Lu Ator for help,..
Probability that if nine balls are randomly selected : Consider an urn that contains 40 balls. Of these 20 are red, 10 are green, and the remaining are blue. What is the probability that if nine balls are randomly selected from the urn then exactly three are of each color?
Predict the sales price of a sports car : In order to predict the sales price of a sports car, several factors are being investigated. These factors include the speed at ¼ mile (mph), horsepower, and curb weight (in lbs). The data is provided below. You should be able to copy and paste th..
Implement this solution as a procedure queens : Figure 2.8. A solution to the eight-queens puzzle. The ``eight-queens puzzle&; asks how to place eight queens on a chessboard so that no queen is in check from any other (i.e., no two queens are in the same row, column, or diagonal). One possible ..
Discuss description as a part of the interpretive process : Discuss Description as a part of the interpretive process. Why is it important?
Evaluate the arguments regarding the share of taxes : Evaluate the arguments regarding the share of taxes paid by MNEs and assess the impact that national governments and supranational bodies have had on ways to increase the amount of tax that MNEs pay.
How you determine whether a globalization or multidomestic : If you are the CEO of a global company, how might you determine whether a globalization, multidomestic, or transnational strategy would work best for your enterprise? What factors would influence your decision?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Significant preferences among three versions of photograph

Do the data indicate any significant preferences among the three versions of the photograph? Test at the .05 level of significance.

  Derive an expression for the coefficient of skewness

Explain the effect that changes in η and β have on the shape of the Weibull density and the effect that they have on γ3 and derive an expression for the coefficient of skewness for the Weibull distribution.

  Numerical variables and whether discrete or continuous

The State Department of education requires local school districts to keep records on all students within their district. Determine if the following items are categorical or numeric variables.

  What do we mean by the gradient of a scalar function

What do we mean by the gradient of a scalar function and What does the divergence of a vector signify?

  North manufacturing order

North Manufacturing has a demand for 1,000 pumps each year

  Question regarding testing

The U.S. Bureau of Prisons publishes data in Statistics Report on the times served by prisoners released from federal institutions for the first time.

  Determine the probability that a packaged disk lasts at

assume the life of a packaged magnetic disk exposed to corrosive gases has a weibull distribution with szlig 0.5 and

  The sample standard deviation of sodium concentration in

the sample standard deviation of sodium concentration in eels blood meql for m 20 marine eels was found to be s140.5

  In a general social survey respondents

In a General Social Survey respondents were asked "Do you support or oppose the following measures to deal with AIDS? (1) Have the government pay all of the health care costs of AIDS patients;

  Multiple regression predicts a single dependent variable y

multiple regression predicts a single dependent variable y from two or more independent x variables.mlr is a

  Find the present value of the investment funding 100

find the present value of the investment.funding 100 withdrawls at the end of each month for 5 years at 4.75 intrest

  Number of boat trailers that would be sold

a. Determine the least-squares regression line and inter- pret its slope. b. Estimate, for a year during which 500,000 boats are sold, the number of boat trailers that would be sold. c. What reasons might explain  why  the  number of boat trailers so..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd