A Regression Analysis Of Consumer Related Data For A Specific Product

The rise of crude oil has also effected the sales of trucks. With comapnays no buying or spending as much on a truck has hurt the econonmy.

Let us begin this report by examining how closely related Cost/Mile is to the Size of the car being tested. To do this, a multiple regression analysis was run using Cost/Mile as the dependent variable, and the ‘dummy’ variables Family-Sedan and Upscale-Sedan as independent variables.

There are many products and services available in the market today. The automobile market is no different. There are many brands, styles, and price ranges when it comes to vehicles. One specific area of the automobile market are trucks, more specifically is the Ram truck. Dodge Ram has been around since 1981. Truck sales have hit an all time high since 2007 proving that fuel prices are not affecting sales as much (Ross, J. 2013). The big three, Ford, Chevy, and Ram continue to fight each other in the truck selling business and have cut-throat marketing to try to be the best and on top of truck sales. Ram has gotten rid

Introduction Automobile usage has increased in America and elsewhere in the world. In a research done by Sutherland, J., et al. (2004) “The US has a contributed to 200 million passengers in cars and light truck over the past few years. Further in 1990, studies showed that US cars increased six times faster than human population. The leaders in the automotive industry must adopt some key elements to ensure success in this fast-moving environment. They must invest in knowing their markets, building brands, adapting product strategies and taking long-term view on their goals and objectives. This paper outlines some of the key factors which should be considered. Environmental factors automotive designers and engineers have always said the main threats in the American Automotive industry are the environmental factors such as fuel economy and the clean air regulations. Automotive Emission posed different problems than manufacturing discharges such as coal smoke. Increased fossil-fuel emission has resulted from the million car increase. Irritation smog, which is comprised of carbon monoxide, hydrocarbons, sulfur oxide and other various chemical mixtures are cited in major cities such as Los Angeles. These auto emissions are also said to cause headaches, visual pollutions, contribute to lung cancers and other respiratory disease. In the end, the engineers have designed cars that are better environmental performers, cost effective and fuel efficient to reduce the environmental

The situational analysis is done to analyze the different environmental forces that can affect the sales and acceptability of the new product. In the later sections, the marketing objectives, the target segment for the new car, action programs, and marketing mix (product, price, promotion, and place) have been discussed in a view to set a roadmap for the company on how it can better market and sell its product to the most potential segment of the consumers. The marketing budget has been presented to give an estimate of the expenditures and expected revenues for the year. Finally, the ethical considerations for the marketing plan have been discussed which are also

Environmental concerns have been raised from time to time because of the dependency on the gasoline-fueled engine as the chief auto powertrain technology. This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for

17. Are we ahead of – or behind - China in regard to vehicle fuel efficiency?

SUV’s have become the center of a large controversy in the last couple of years. Many studies have been conducted on the relation to the economy and the popularity of the SUV. The sport utility vehicle not only affects the economy with its gas-guzzling capabilities during a time of war, but with the safety questions that have continued to arise.

This paper offers a new framework for analyzing the aggregate sales of new light vehicles that incorporates cars and light duty trucks. Because this approach requires only a minimal set of assumptions about demographic trends, the state of the economy, consumer preferences, new vehicle prices and repair costs, and vehicle retirements, household income, it is shown to be especially useful as a forecasting tool as well get more insight on the buying behavior of consumers as well as understand why sales of light duty truck is more than that of the cars. This is NADA data that shows the total new light vehicle sales rose by certain percent in 2013. This is a statistical abstract of the United States that has been designed to serve as a guide to understand the motor vehicle sales from 2004 to 2013.

Conclusion Throughout the last four weeks in Research and Evaluation II, Team D has run various hypothesis tests on the Whitner Autoplex data set provided by University of Phoenix. The data set provided information about the purchasing price of 88 domestic and imported cars as well as age of the consumers. In week two, Team D conducted a one-sample hypothesis test comparing the national average purchasing price with that of the Whitner Autoplex prices and answering the research question: Does the average price of automobiles sold at Whitner Autoplex dealership exceed the national average sale price of similar automobiles? Once the test was complete, Team D accepted the null hypothesis of: Ho: u < $23,000. In week 3, Team D

Muthuveerapan Narayanan, Purushothaman Rayalsamy, Shafiul Ehsan Department of Electrical and Computer Engineering, Wayne State University 5050 Anthony Wayne Dr. Detroit, MI 48202, USA Abstract--Electricity is not just an option for passenger cars. Hybrid and all-electric technologies are moving into delivery trucks, garbage trucks, and tractor trailers, as well as into other more out of-sight vehicles, all of which literally help keep our economy moving. For these medium- and heavy-duty trucks, the goals of electrification are the same as with cars: reducing pollution, oil consumption (in trucks, usually diesel fuel), and fuel costs. Expanding the use of electrification technologies is a key strategy for doubling the fuel efficiency of trucks and for helping to cut our nation’s projected oil consumption in half over the next 20 years.

Overconsumption of large cars is a problem for Americans who are enticed into thinking they need the newest and biggest Sports Utility Vehicles, through advertising by the car industries who make the consumers believe that having these larger cars will make the consumers life better and have a higher status in their communities. In addition, the auto industries present these cars as an asset due to the cargo space capabilities, exhibiting the SUV as having more space for hauling both cargo and passengers. Most consumers with large families buy SUVs to cater to their families’ size when most SUVs are similar in size to a large sedan. Even the larger SUVs usually only can seat three extra passengers if the car has an extra bench seat added

The authors first retrieve the short-run price elasticity of mileage demand: they build a utilization equation in which they estimate vehicle usage (miles driven) as a function of gasoline prices, household and vehicle characteristics. Then they turn to a vehicle demand model in the

The primary source is to hire an outside research marketing agency to interview people specifically regarding the problem at hand. Using the secondary data we can research what fuel efficient automobiles are the most popular and what alternate choices for fuel regarded as most desired now and in the future. The published sources will have usable statistics. Libraries, online information, and marketing research companies will already have this information as well as the company’s competitor’s data regarding fuel efficient car sales.

I have been longing for one sunglass for a long time after I accidently stepped on my old one and broke it. Since summer is on the way, nice and sunny weather has always reminding me to think about consumption. Unfortunately, I am such a picky person that I determined to get the perfect fit only for my special. My criteria are primary focused on the quality, brand, and the style. Probably style can be considered as the most important one because I want everything I possessed to reflect my personal conception. Price is an important but not most significant element for me because I tend not to use budget to restrict my preference. Apparently, around Bellingham area, the only place I can think of