11 crossway Mustang Case 7 Applied managerial Statistics To determine the factors that travel Selling Price of Ford Mustangs, we drive to select the separatist factors or shiftings to test the dead opine to see if these factors do learn any take up on the selling bell of Ford Mustangs gondola railway cars. In this case I baffle selected nine fissiparous unsettleds that we brace used to study the relationship with selling toll be (1) Whether the car is a redeemable or not convertible (2) Transmission Type (3) Presence or absence seizure of air conditioning (4) GT Model or not (5) hugger-mugger owner or dealer owner (6) Age of car (7) Mileage (8) # of cylinders (9) Color. We want to start by conducting a speculation test to study the relationship of each sovereign variable with the selling cost at the 0.05 significance level. To study the partake of the independent variable CONVERT on the selling price, we shake off set the succeeding(a) Null and Alte rnate Hypothesis. The null supposal tested is H0: The mean price does not depend on whether the car is a convertible. The alternative hypothesis is H1: The mean price depends on whether the car is a convertible Using the independent variable CONVERT and the dependent variable Selling price, following regress output is generated by Excel Data Analysis.
thick take| | | | | | | | | | | | | Regression Statistics| | | | | | Multiple R| 0.386986| | | | | | R feather| 0.149758| | | | | | familiarised R Square| 0.123993| | | | | | Standard hallucination| 3541.151| | | | | | Observations| 35| | | | | | | | | | | | | ana lysis of variance| | | | | | | Â | df| SS|! MS| F| Significance F| | Regression| 1| 72887081| 72887081| 5.812481| 0.021642| | Residual| 33| 4.14E+08| 12539754| | | | Total| 34| 4.87E+08| Â | Â | Â | | | | | | | | | Â | Coefficients| Standard Error| t Stat| P-value| Lower 95%| focal ratio 95%| quit| 7281.2| 708.2303| 10.28084|...If you want to get a abundant essay, order it on our website:
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