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Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the price of the car.

Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the price of the car.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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  1. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the price of the car.
  2. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the five-year owner costs.
  3. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the road-test score.
  4. Use regression analysis to develop an estimated regression equation that could be used to predict the value score given the predicted-reliability.
  5. What conclusions can you derive from your analysis?

 

2:59 1 Search FamilySedans.xlsx Data Sheet2 Sheet3 Road-Test Predicted Value Car Price ($) Cost/Mi Score Reliability Score Nissan Altima 2.5 S (4-cyl.) 23,970.00 0.59 91 4 1.75 Kia Optima LX (2.4) Subaru Legacy 2.5i Premium Ford Fusion Hybrid Honda Accord LX-P (4-cyl.) Mazda6 i Sport (4-cyl.) Hyundai Sonata GLS (2.4) Ford Fusion SE (4-cyl.) Chevrolet Malibu LT (4-cyl.) 21,885.00 0.58 81 4 1.73 23,830.00 0.59 83 4 1.73 32,360.00 0.63 84 1.70 23,730.00 0.56 80 4 1.62 22,035.00 0.58 73 4 1.60 21,800.00 0.56 89 1.58 23,625.00 0.57 76 4 1.55 24,115.00 0.57 74 1.48 Kia Optima SX (2.0T) Ford Fusion SEL (V6) Nissan Altima 3.5 SR (V6) 29,050.00 0.72 84 4 1.43 28,400.00 0.67 80 4 1.42 30,335.00 0.69 93 4 1.42 Hyundai Sonata Limited (2.0T) 28,090.00 Honda Accord EX-L (V6) Mazda6 s Grand Touring (V6) 30,790.00 Ford Fusion SEL (V6, AWD) Subaru Legacy 3.6R Limited Chevrolet Malibu LTZ (V6) Chrysler 200 Limited (V6) Chevrolet Impala LT (3.6) 0.66 89 3 1.39 28,695.00 0.67 90 1.36 0.74 81 4 1.34 30,055.00 0.71 75 4 1.32 30,094.00 0.71 88 3 1.29 28,045.00 0.67 83 3 1.20 27,825.00 0.70 52 1.20 28,995.00 0.67 63 3 1.05
Transcribed Image Text:2:59 1 Search FamilySedans.xlsx Data Sheet2 Sheet3 Road-Test Predicted Value Car Price ($) Cost/Mi Score Reliability Score Nissan Altima 2.5 S (4-cyl.) 23,970.00 0.59 91 4 1.75 Kia Optima LX (2.4) Subaru Legacy 2.5i Premium Ford Fusion Hybrid Honda Accord LX-P (4-cyl.) Mazda6 i Sport (4-cyl.) Hyundai Sonata GLS (2.4) Ford Fusion SE (4-cyl.) Chevrolet Malibu LT (4-cyl.) 21,885.00 0.58 81 4 1.73 23,830.00 0.59 83 4 1.73 32,360.00 0.63 84 1.70 23,730.00 0.56 80 4 1.62 22,035.00 0.58 73 4 1.60 21,800.00 0.56 89 1.58 23,625.00 0.57 76 4 1.55 24,115.00 0.57 74 1.48 Kia Optima SX (2.0T) Ford Fusion SEL (V6) Nissan Altima 3.5 SR (V6) 29,050.00 0.72 84 4 1.43 28,400.00 0.67 80 4 1.42 30,335.00 0.69 93 4 1.42 Hyundai Sonata Limited (2.0T) 28,090.00 Honda Accord EX-L (V6) Mazda6 s Grand Touring (V6) 30,790.00 Ford Fusion SEL (V6, AWD) Subaru Legacy 3.6R Limited Chevrolet Malibu LTZ (V6) Chrysler 200 Limited (V6) Chevrolet Impala LT (3.6) 0.66 89 3 1.39 28,695.00 0.67 90 1.36 0.74 81 4 1.34 30,055.00 0.71 75 4 1.32 30,094.00 0.71 88 3 1.29 28,045.00 0.67 83 3 1.20 27,825.00 0.70 52 1.20 28,995.00 0.67 63 3 1.05
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