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Prices may drop as some brands are more popular than others and therefore the Price will decrease at
a slower rate. Below is a list of assumptions necessary for the regression analysis to be valid. Our
company has a our essays coursework strict coursework from simple one. But there is no constant
decrease, because the age factor has not been worked out onto the table. So I think the Engine size
won’t matter that much and won’t affect a lot in the Price. Then I will plot a trend line that is linear
and then I will find out the equation of that linear graph and then substitute it with the rate of
depreciation, which is R. Whether it is Regression, Correlation, Distributions, Mathematical
Statistics, Probability, chi-square, and many more. Whether you are a high-school student who
ordered a simple 5-paragraph essay or a postgrad looking for dissertation assistance, like the Sun is in
the center of the Solar System, you will be in the center of our staff's attention. The three anomalous
results where removed from the data before the diagram was drawn. The car make with the largest
Interquartile range is the Ford. Our experts provide consultation services and samples and do not
encourage students to use them for submission. Also, the gradients of the scatter graphs would have
been clearer and so would the box plots. The gradient of the curve at any point is a measure of how
fast cars depreciate. We have a team of statisticians and engineering experts who can handle both
open source and proprietary platforms. When I have completed the graph containing all the cars I
will draw graphs containing specified data specific to different makes of cars such as Fiat and
Vauxhall, I have chosen these because they are the most numerous and will give me the most concise
data out of all the types of cars. By browsing the website, you agree to it. Read more. When this
topic is statistics, the above seems to be a lot. Secondly I will enter that data into a scatter diagram.
On some points of the Cumulative frequency Diagram Vauxhall is higher than Ford but at some
points it is the opposite. Write in detail how you plan with collect your data and what sampling
method you horizons use. I am going to look at price, engine size, mileage, and age of the car. If I did
the investigation by hand I would have chosen a sample of 100 cars of about 20 being picked at
random using every 5 th car as a sample and picking where to start counting at random by putting the
numbers lets say the numbers 1-5 in a hat and pulling one out at random, But however I have been
given the data on excel. Also the Ford Puma has had a history of service, so this means that it has
been through a thorough check to prevent breakdowns from occurring, this could then increase the
price of the Ford Puma. This means that my hypothesis was incorrect because the mileage follows the
age. This tells us that as the mileage of car increases, so does the percentage depreciation, which
means that the higher the mileage the cheaper the second hand price for a car. The histogram shows
that most of the data is near 0 and roughly fits a normal distribution. Post a reading report on this
discussion board forum answering the following questions: 1. Ford has the gentlest gradient, which
suggests that the age has a lower value on Ford than any other car make. At present there are no
outliers for mileage against the four car makes. If you have specific instructions for pasting program
output, we follow them strictly.
To improve I should have used unequal groupings to ensure no empty groups were present. The car
make with the smallest Interquartile range is Rover. I am not too happy with this graph due to the
trendline appears to have been drawn wrong by the outliers Bentley Rolls Royce. I am not too happy
with this graph due to the trendline appears to have been drawn wrong by the outliers. The y-
intercept for this graph should show a positive value, because the car without the engine must cost
something, but the value comes out as negative, which means there’s an error. Custom China
Research Papers Pay With Paypal The lack of true the statement is discount by negotiating the thus
often makes mistakes edexcel gcse statistics coursework help and help it. Some cars have higher age
than the others so therefore I must divide the Price decrease with the Age (Year). I have been given
instructions to collect data for my GCSE statistics cours. Save time lesson planning by exploring our
library of educator reviews to over 550,000 open educational resources (OER). When compared to
the other Ford cars, the Ford Puma has a relatively low age and one previous owner; this could be
the reason why it is low in price. Yet, you must understand that striving to deliver the best customer
experience, we test, interview, and challenge candidates really tough and only hire the best-
performing applicants. Vauxhalls Mean, Lower Quartile and Upper Quartile is slightly higher than
Fords but not significantly enough to make a comparison. This means both of the variables are
closely linked. The data which I have collected has proven quite true in my hypothesis and my plan.
This makes PaperHelp a highly effective and yet amazingly cheap paper writing service to tackle
virtually any challenge you may face during the educational process. From the data given, I will try
to see if there is a constant price decrease where. To find the formula for the depreciation rate, I need
to draw graphs, and etc and then come up with some ideas for the formula. It shows the results are
fairly random and that more people under estimated than over estimated. Are you looking for
Statistics Coursework Help UK that offers quality at affordable rates. The types of cars are: small
cars, executive cars and sports cars. This could be because other factors may influence the price for
the Ford Puma. All information from the graph was copied and placed below. I will be using the
information to investigate what influences and affects the price of second hand cars. We can help
you with the best quality courses that to you achieve high academic scores. Although the pie chart is
unclear and if I was to repeat this question I might just include the top five categories. I will then
compare my findings and see if there is any similarity between them such as the older the car the
cheaper it will be and the more mileage it has done the cheaper it will be or as I have mentioned
before I will get some vintage cars and skew my data. Then finally I will compare the distribution of
prices of small, executive and sports cars using histograms with unequal intervals. This will make my
results as accurate as possible. I have worked out the mean; this will be used in the final chart which
will compare all of the ages. As you can see, 100% of results are between the 3 rd standard
deviations and shows strong similarities between the results and a normal distribution.
I would provide my entire hypothesis to get more accurate results and also to include my prediction.
Also, the public (especially the younger generation), would prefer to buy a new car because they are
much more fashionable to have. When compared to the other Ford cars, the Ford Puma has a
relatively low age and one previous owner; this could be the reason why it is low in price. Our
experts take care of all requirements and provide you with an excellent curriculum that is sure to
impress your teachers. Therefore I have decided to find the range of the middle 50% of the data
which means it is a better way to measure the spread. For each question I will use a certain sample of
year 10’s at Stamford Endowed schools. Should you just send an undercooked and ill-prepared
research report to the professor. First I will start with the make for Ford and the other makes to get
more information. I am going to use the averages because this is the best way to display the data. But
I will plot it anyway to see whether it has an affect or not. This may belong to a person who does
not like driving a lot. I think this because a car becomes less efficient the more it has been driven.
The reason why I have provided my graphs on computer is because I think it would look more
reliable and more accurate. It shows the results are fairly random and that more people under
estimated than over estimated. Firstly, from face value I can see that all the graphs have a weak
correlation, except for the Fiat graph. All of the data from each category (Make of car) will be used
to work out the averages, as there isn’t enough data in each category to take a sample. I have found
out this information by reading of my graph, so the car will loose most of its value in the first year
and then it will depreciate on a steady rate. The outliers could be due to rare models that go higher in
price. It has an engine size of 1.8 and the percentage depreciation for it is 23.20 (2dp). It this very
low when compared to the rest of the cars for Rover. The three anomalous results where removed
from the data before the diagram was drawn. The y-intercept should show 0 in theory because the
car was not driven when it was new, but in this graph, it shows that the y-intercept is 4435. All
information from the graph was copied and placed below. ESL students can request a piece written
in simple English. The same thing is with -1 which indicates that the correlation is negative. This
leads me to conclude that Mercedes is more expensive. Our statisticians can help you choose the best
research design for your reference. The aim of my investigation is to use and apply my understanding
of statist. To improve I should have used unequal groupings to ensure no empty groups were present.
This will then give me a value and I will choose the car, which is represented by that value. I hope to
draw up a formula from this, to calculate the re-sale price of cars given the three factors.