MATH108X - Trend Lines Case Study

Project Goal: To learn how trend lines can be used as a powerful tool in the
Quantitative Reasoning Process.

#1
Begin by selecting a scenario that will use a scatterplot and trend line as the
mathematical tool to make an informed decision. (Remember that we are looking for
numerical/quantitative data where the scatterplot and trendline would show the
relationship of an input and output variable). You may use the examples as a guide, but
it is preferred that you use creativity to choose a scenario that is useful in your real
world.

#2 As best you can, list the key variables and assumptions you will be making in order to
eventually make your informed decision. You should have exactly two key variables, an
input variable and an output variable.

#3 Collect data (at least 15 points), report your source(s), make a scatterplot, and fit an
appropriate trend line to the data in order to make your informed decision. Be sure to
state which trendline best fits your data using the box provided and record your
equation.

#4 Make an informed decision using your scatterplot and trend line you created in Step 3.
Write about your decision. Include an appropriate prediction you made using the
trendline equation. Ensure your decision is well supported by your data and trend line.

#5
Share your idea and data with at least two of your group members. Get feedback from
them and improve your project accordingly. Complete the Quantitative Reasoning
Process by writing a short paragraph that details any changes you made after your group
members helped you to evaluate your data and reasoning.
 Background Story

List your Scenario:

Write the background of your scenario and the goals of your study.
I want buy a old car. I want to know how much affect the mileage of a car
and if to buy a old car is a good option. For this case, I chose a Toyota Cor
 Background Story

Buying a car List your key variables

Input Variable
ound of your scenario and the goals of your study. Output Variable
ar. I want to know how much affect the mileage of a car in its price
car is a good option. For this case, I chose a Toyota Corolla SE.
List your key assumptio
1. The more miles traveled a ca
2. the similar cars do not have
3. A new Toyota Corolla SE co
 List your key variables
Input Variable Mileage
Output Variable Price

List your key assumptions

he more miles traveled a car has its price will be lower.
he similar cars do not have serious damage. 
new Toyota Corolla SE cost $21,800.
 List the source(s) of your data and a short explaination of how you gathered it.
I Look for prices on Toyota from Peru pages, and look at other dealerships here in Lima and Trujillo

List your data (at least 15 points)

Input Variable

Mileage
Price Corolla SE
$25,000 12796

$20,000
2689

f(x) = − 0.213271942907068 x + 18228.8494723055 2074

$15,000
17641
Price

$10,000 16862
Insert a scatterplot of your data here.
1763
$5,000
7511
$-
0 5000 10000 15000 20000 25000
1178
Mileage 10393
4514
18288
 5710
11471
18128
Select your trendline of best fit 12333
Linear <-- Dropdown 7416
Linear 74
Record your trendline equation 8427
y = -0.2133x + 18229
21108

Linear
Exponential
Quadratic
ou gathered it. Write a short paragraph (4-5 sentences) that states the decision you ha
e in Lima and Trujillo and trendline in Step 3. Be sure to include an appropriate prediction t
own input value into the trendline equatio

I will plan to buy an old car with 6000 miles of use. Of this form, I w
Just a few miles of use, the price drops quite a bit.

ur data (at least 15 points)

Output Variable

Price

$ 15,732
$ 17,300
$ 18,442
$ 13,997
$ 14,594
$ 17,999
$ 14,597
$ 16,988
$ 16,198
$ 17,398
$ 14,997
$ 17,500
$ 13,299
$ 13,199
$ 17,898
$ 17,000
$ 19,470
$ 16,494
$ 14,777 Hint
Spring 2021

Fall 2020
 Show your project to two group members.
states the decision you have reached based on your data
n appropriate prediction that comes from plugging your Name of Reviewer 1:
into the trendline equation.
Name of Reviewer 2:
s of use. Of this form, I will save approximately $2,290.
te a bit.
Write a short paragraph (4-6 sentences) sharing
any changes you made

It is interesting how cars lose their value from

decrease in large quantity as they are used. In
first instance since the loss of its greatest valu
o two group members. Get feedback from them. Improve accordingly.
David Vilela
Jorge Haro

(4-6 sentences) sharing the feedback you got from your group members and
ny changes you made to your case study as a result.

s lose their value from their first use and how their value continues to
tity as they are used. In a way it is more convenient to buy a used car in the
oss of its greatest value can be seen in the first miles traveled.
Scenarios for Selection
(Click here to select a scenario.)

Community Issues
Nutrition and Exercise
Predicting the Weather
Buying / Selling a Car
Buying / Selling a Couch
In three words or less, name the item you are purchasing:
In three words or less, name the item you are selling:
1