Professional Documents
Culture Documents
BS Pro
BS Pro
6.1
2.25
7.75 p value
7.25 1. We have sufficient
evidence to reject the null
hypotthesis and accept
7.75 alternate hypothesis. Which CONCLUSION
3.25 means that the average
2.65 selling price of the car is not
5.5 as claimed by the
2.85 company on the basis of the
4.9 previous data. The reasons
4.4 for this has to noted as why
the average price is reduced
2.5 and the factors then have
2.9 to be corrected.
3
4.15 2. Further through the
6 analysis we have
concentrated on the factors
1.95 that have been influencing
7.45 the selling price of the car
3.1
2.35
4.95
6
5.5
2.95
4.65
0.35
3
2.25
5.85
2.55
1.95
5.5
1.25
7.5
2.65
1.05
5.8
7.75
14.9
23
18
16
2.75
3.6
4.5
4.75
4.1
19.99
6.95
4.5
18.75
23.5
33
4.75
19.75
9.25
4.35
14.25
3.95
4.5
7.45
2.65
4.9
3.95
5.5
1.5
5.25
14.5
14.73
4.75
23
12.5
3.49
2.5
35
5.9
3.45
4.75
3.8
11.25
3.51
23
4
5.85
20.75
17
7.05
9.65
1.75
1.7
1.65
1.45
1.35
1.35
1.35
1.25
1.2
1.2
1.2
1.15
1.15
1.15
1.15
1.11
1.1
1.1
1.1
1.05
1.05
1.05
1.05
1
0.95
0.9
0.9
0.75
0.8
0.78
0.75
0.75
0.75
0.72
0.65
0.65
0.65
0.65
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.6
0.55
0.55
0.52
0.51
0.5
0.5
0.5
0.5
0.5
0.48
0.48
0.48
0.48
0.45
0.45
0.45
0.45
0.45
0.45
0.45
0.45
0.42
0.42
0.4
0.4
0.4
0.4
0.4
0.38
0.38
0.35
0.35
0.35
0.31
0.3
0.3
0.3
0.27
0.25
0.25
0.25
0.25
0.25
0.2
0.2
0.2
0.2
0.2
0.2
0.18
0.17
0.16
0.15
0.12
0.1
3.25
4.4
2.95
2.75
5.25
5.75
5.15
7.9
4.85
3.1
11.75
11.25
2.9
5.25
4.5
2.9
3.15
6.45
4.5
3.5
4.5
6
8.25
5.11
2.7
5.25
2.55
4.95
3.1
6.15
9.25
11.45
3.9
5.5
9.1
3.1
11.25
4.8
2
5.35
4.75
4.4
6.25
5.95
5.2
3.75
5.95
4
5.25
12.9
5
5.4
7.2
5.25
3
10.25
8.5
8.4
3.9
9.15
5.5
4
6.6
4
6.5
3.65
8.35
4.8
6.7
4.1
3
7.5
2.25
5.3
10.9
8.65
9.7
6
6.25
5.25
2.1
8.25
8.99
3.5
7.4
5.65
5.75
8.4
10.11
4.5
5.4
6.4
3.25
3.75
8.55
9.5
4
3.35
11.5
5.3
he company regarding the
e selling price of a car is 5.5 lakhs
e selling price of a car is not 5.5 lakhs
< alpha
Last year Cardekho has been in the market and
the average price of the selling cars remained 5.5
lakhs. And Cardekho claimed that price has not
Problem changed and it’s the same average
Wanted to check if the claim made by the
obj company regarding the average selling price is
true or not.
Selling_Pri Present_Price
3.35 5.59 Anova: Single Factor
4.75 9.54
7.25 9.85 SUMMARY
2.85 4.15 Groups
4.6 6.87 Selling_Price
9.25 9.83 Present_Price
6.75 8.12
6.5 8.61
8.75 8.89 ANOVA
7.45 8.92 Source of Variation
2.85 3.6 Between Groups
6.85 10.38 Within Groups
7.5 9.94
6.1 7.71 Total
2.25 7.21
7.75 10.79
7.25 10.79 Ho
7.75 10.79 H1
3.25 5.09
2.65 7.98 Objective
2.85 3.95
4.9 5.71
4.4 8.01
2.5 3.46
2.9 4.41
3 4.99
4.15 5.87
6 6.49
1.95 3.95
7.45 10.38
3.1 5.98
2.35 4.89
4.95 7.49
6 9.95
5.5 8.06
2.95 7.74
4.65 7.2
0.35 2.28
3 3.76
2.25 7.98
5.85 7.87
2.55 3.98
1.95 7.15
5.5 8.06
1.25 2.69
7.5 12.04
2.65 4.89
1.05 4.15
5.8 7.71
7.75 9.29
14.9 30.61
23 30.61
18 19.77
16 30.61
2.75 10.21
3.6 15.04
4.5 7.27
4.75 18.54
4.1 6.8
19.99 35.96
6.95 18.61
4.5 7.7
18.75 35.96
23.5 35.96
33 36.23
4.75 6.95
19.75 23.15
9.25 20.45
4.35 13.74
14.25 20.91
3.95 6.76
4.5 12.48
7.45 18.61
2.65 5.71
4.9 8.93
3.95 6.8
5.5 14.68
1.5 12.35
5.25 22.83
14.5 30.61
14.73 14.89
4.75 7.85
23 25.39
12.5 13.46
3.49 13.46
2.5 23.73
35 92.6
5.9 13.74
3.45 6.05
4.75 6.76
3.8 18.61
11.25 16.09
3.51 13.7
23 30.61
4 22.78
5.85 18.61
20.75 25.39
17 18.64
7.05 18.61
9.65 20.45
1.75 1.9
1.7 1.82
1.65 1.78
1.45 1.6
1.35 1.47
1.35 2.37
1.35 3.45
1.25 1.5
1.2 1.5
1.2 1.47
1.2 1.78
1.15 1.5
1.15 2.4
1.15 1.4
1.15 1.47
1.11 1.47
1.1 1.47
1.1 1.9
1.1 1.47
1.05 1.9
1.05 1.26
1.05 1.5
1.05 1.17
1 1.47
0.95 1.75
0.9 1.75
0.9 0.95
0.75 0.8
0.8 0.87
0.78 0.84
0.75 0.87
0.75 0.82
0.75 0.95
0.72 0.95
0.65 0.81
0.65 0.74
0.65 1.2
0.65 0.787
0.6 0.87
0.6 0.95
0.6 1.2
0.6 0.8
0.6 0.84
0.6 0.84
0.6 0.99
0.6 0.81
0.55 0.787
0.55 0.84
0.52 0.94
0.51 0.94
0.5 0.826
0.5 0.55
0.5 0.99
0.5 0.99
0.5 0.88
0.48 0.51
0.48 0.52
0.48 0.84
0.48 0.54
0.45 0.51
0.45 0.95
0.45 0.826
0.45 0.99
0.45 0.95
0.45 0.54
0.45 0.54
0.45 0.55
0.42 0.81
0.42 0.73
0.4 0.54
0.4 0.83
0.4 0.55
0.4 0.64
0.4 0.51
0.38 0.72
0.38 0.787
0.35 1.05
0.35 0.57
0.35 0.52
0.31 1.05
0.3 0.51
0.3 0.48
0.3 0.58
0.27 0.47
0.25 0.75
0.25 0.58
0.25 0.52
0.25 0.51
0.25 0.57
0.2 0.57
0.2 0.75
0.2 0.57
0.2 0.75
0.2 0.65
0.2 0.787
0.18 0.32
0.17 0.52
0.16 0.51
0.15 0.57
0.12 0.58
0.1 0.75
3.25 6.79
4.4 5.7
2.95 4.6
2.75 4.43
5.25 5.7
5.75 7.13
5.15 5.7
7.9 8.1
4.85 5.7
3.1 4.6
11.75 14.79
11.25 13.6
2.9 6.79
5.25 5.7
4.5 9.4
2.9 4.43
3.15 4.43
6.45 9.4
4.5 9.4
3.5 4.43
4.5 6.79
6 7.6
8.25 9.4
5.11 9.4
2.7 4.6
5.25 5.7
2.55 4.43
4.95 9.4
3.1 6.79
6.15 9.4
9.25 9.4
11.45 14.79
3.9 5.7
5.5 5.7
9.1 9.4
3.1 4.43
11.25 13.6
4.8 9.4
2 4.43
5.35 9.4
4.75 7.13
4.4 7.13
6.25 7.6
5.95 9.4
5.2 9.4
3.75 6.79
5.95 9.4
4 4.6
5.25 7.6
12.9 13.6
5 9.9
5.4 6.82
7.2 9.9
5.25 9.9
3 5.35
10.25 13.6
8.5 13.6
8.4 13.6
3.9 7
9.15 13.6
5.5 5.97
4 5.8
6.6 7.7
4 7
6.5 8.7
3.65 7
8.35 9.4
4.8 5.8
6.7 10
4.1 10
3 10
7.5 10
2.25 7.5
5.3 6.8
10.9 13.6
8.65 13.6
9.7 13.6
6 8.4
6.25 13.6
5.25 5.9
2.1 7.6
8.25 14
8.99 11.8
3.5 5.9
7.4 8.5
5.65 7.9
5.75 7.5
8.4 13.6
10.11 13.6
4.5 6.4
5.4 6.1
6.4 8.4
3.25 9.9
3.75 6.8
8.55 13.09
9.5 11.6
4 5.9
3.35 11
11.5 12.5
5.3 5.9
Count Sum Average Variance
301 1403.05 4.661296 25.83497
301 2296.17 7.628472 74.72073
SS df MS F
1325.02215016608 1 1325.022 26.35399
30166.7113196943 600 50.27785
31491.7334698604 601
No variation between the average selling price and the present price
There is variation between the average selling price and the present price
We wanted to check if the claim made in the problem statement is true or not.
Fstat (26.35) > F crit (3.85)
so, it is evident that we have to
reject null hypothesis and Conclusion
accept alternate hypothesis.
Concluding that the average
P-value F crit selling and average present
3.846E-07 3.857004 price of the cars differ
6 45000 4.653213 25
5.5 45000 4.653213 20
2.95 49998 4.698953 15
4.65 48767 4.688126
10
0.35 127000 5.103804
5 f(x) = 1.44563703610374 x − 1.69154159314
3 10079 4.003417
R² = 0.015673177468719
2.25 62000 4.792392 0
2.5 3 3.5 4
5.85 24524 4.389591
2.55 46706 4.669373
1.95 58000 4.763428
5.5 45780 4.660676
1.25 50000 4.69897
7.5 15000 4.176091
2.65 64532 4.809775
1.05 65000 4.812913
5.8 25870 4.412796
7.75 37000 4.568202
14.9 104707 5.019976
23 40000 4.60206
18 15000 4.176091
16 135000 5.130334
2.75 90000 4.954243
3.6 70000 4.845098
4.5 40534 4.607819
4.75 50000 4.69897
4.1 39485 4.596432
19.99 41000 4.612784
6.95 40001 4.602071
4.5 40588 4.608398
18.75 78000 4.892095
23.5 47000 4.672098
33 6000 3.778151
4.75 45000 4.653213
19.75 11000 4.041393
9.25 59000 4.770852
4.35 88000 4.944483
14.25 12000 4.079181
3.95 71000 4.851258
4.5 45000 4.653213
7.45 56001 4.748196
2.65 43000 4.633468
4.9 83000 4.919078
3.95 36000 4.556303
5.5 72000 4.857332
1.5 135154 5.130829
5.25 80000 4.90309
14.5 89000 4.94939
14.73 23000 4.361728
4.75 40000 4.60206
23 15000 4.176091
12.5 38000 4.579784
3.49 197176 5.294854
2.5 142000 5.152288
35 78000 4.892095
5.9 56000 4.748188
3.45 47000 4.672098
4.75 40000 4.60206
3.8 62000 4.792392
11.25 58242 4.765236
3.51 75000 4.875061
23 40000 4.60206
4 89000 4.94939
5.85 72000 4.857332
20.75 29000 4.462398
17 8700 3.939519
7.05 45000 4.653213
9.65 50024 4.699178
1.75 3000 3.477121
1.7 1400 3.146128
1.65 4000 3.60206
1.45 1200 3.079181
1.35 4100 3.612784
1.35 21700 4.33646
1.35 16500 4.217484
1.25 15000 4.176091
1.2 18000 4.255273
1.2 11000 4.041393
1.2 6000 3.778151
1.15 8700 3.939519
1.15 7000 3.845098
1.15 35000 4.544068
1.15 17000 4.230449
1.11 17500 4.243038
1.1 33000 4.518514
1.1 14000 4.146128
1.1 26000 4.414973
1.05 5400 3.732394
1.05 5700 3.755875
1.05 6900 3.838849
1.05 6000 3.778151
1 46500 4.667453
0.95 11500 4.060698
0.9 40000 4.60206
0.9 1300 3.113943
0.75 7000 3.845098
0.8 3000 3.477121
0.78 5000 3.69897
0.75 11000 4.041393
0.75 18000 4.255273
0.75 3500 3.544068
0.72 500 2.69897
0.65 11800 4.071882
0.65 5000 3.69897
0.65 23500 4.371068
0.65 16000 4.20412
0.6 15000 4.176091
0.6 16600 4.220108
0.6 32000 4.50515
0.6 20000 4.30103
0.6 29000 4.462398
0.6 25000 4.39794
0.6 25000 4.39794
0.6 19000 4.278754
0.55 15000 4.176091
0.55 58000 4.763428
0.52 45000 4.653213
0.51 24000 4.380211
0.5 6000 3.778151
0.5 31000 4.491362
0.5 13000 4.113943
0.5 45000 4.653213
0.5 8000 3.90309
0.48 4300 3.633468
0.48 15000 4.176091
0.48 23000 4.361728
0.48 8600 3.934498
0.45 4000 3.60206
0.45 24000 4.380211
0.45 23000 4.361728
0.45 14500 4.161368
0.45 27000 4.431364
0.45 14000 4.146128
0.45 500 2.69897
0.45 1000 3
0.42 42000 4.623249
0.42 12000 4.079181
0.4 14000 4.146128
0.4 5500 3.740363
0.4 6700 3.826075
0.4 13700 4.136721
0.4 1300 3.113943
0.38 38600 4.586587
0.38 75000 4.875061
0.35 30000 4.477121
0.35 24000 4.380211
0.35 19000 4.278754
0.31 213000 5.32838
0.3 60000 4.778151
0.3 50000 4.69897
0.3 30000 4.477121
0.27 21000 4.322219
0.25 26000 4.414973
0.25 1900 3.278754
0.25 22000 4.342423
0.25 32000 4.50515
0.25 18000 4.255273
0.2 55000 4.740363
0.2 60000 4.778151
0.2 25000 4.39794
0.2 49000 4.690196
0.2 24000 4.380211
0.2 50000 4.69897
0.18 35000 4.544068
0.17 500000 5.69897
0.16 33000 4.518514
0.15 35000 4.544068
0.12 53000 4.724276
0.1 92233 4.964886
3.25 58000 4.763428
4.4 28200 4.450249
2.95 53460 4.728029
2.75 28282 4.45151
5.25 3493 3.543199
5.75 12479 4.09618
5.15 34797 4.541542
7.9 3435 3.535927
4.85 21125 4.324797
3.1 35775 4.55358
11.75 43535 4.638839
11.25 22671 4.355471
2.9 31604 4.499742
5.25 20114 4.303498
4.5 36100 4.557507
2.9 12500 4.09691
3.15 15000 4.176091
6.45 45078 4.653965
4.5 36000 4.556303
3.5 38488 4.585325
4.5 32000 4.50515
6 77632 4.890041
8.25 61381 4.788034
5.11 36198 4.558685
2.7 22517 4.352511
5.25 24678 4.39231
2.55 57000 4.755875
4.95 60000 4.778151
3.1 52132 4.717104
6.15 45000 4.653213
9.25 15001 4.17612
11.45 12900 4.11059
3.9 53000 4.724276
5.5 4492 3.65244
9.1 15141 4.180155
3.1 11849 4.073682
11.25 68000 4.832509
4.8 60241 4.779892
2 23709 4.374913
5.35 32322 4.509498
4.75 35866 4.554683
4.4 34000 4.531479
6.25 7000 3.845098
5.95 49000 4.690196
5.2 71000 4.851258
3.75 35000 4.544068
5.95 36000 4.556303
4 30000 4.477121
5.25 17000 4.230449
12.9 35934 4.555506
5 56701 4.753591
5.4 31427 4.497303
7.2 48000 4.681241
5.25 54242 4.734336
3 53675 4.729772
10.25 49562 4.695149
8.5 40324 4.605564
8.4 25000 4.39794
3.9 36054 4.556953
9.15 29223 4.465725
5.5 5600 3.748188
4 40023 4.60231
6.6 16002 4.204174
4 40026 4.602342
6.5 21200 4.326336
3.65 35000 4.544068
8.35 19434 4.288562
4.8 19000 4.278754
6.7 18828 4.274804
4.1 69341 4.84099
3 69562 4.842372
7.5 27600 4.440909
2.25 61203 4.786773
5.3 16500 4.217484
10.9 30753 4.487887
8.65 24800 4.394452
9.7 21780 4.338058
6 4000 3.60206
6.25 40126 4.603426
5.25 14465 4.160318
2.1 50456 4.702913
8.25 63000 4.799341
8.99 9010 3.954725
3.5 9800 3.991226
7.4 15059 4.177796
5.65 28569 4.455895
5.75 44000 4.643453
8.4 34000 4.531479
10.11 10980 4.040602
4.5 19000 4.278754
5.4 31427 4.497303
6.4 12000 4.079181
3.25 38000 4.579784
3.75 33019 4.518764
8.55 60076 4.778701
9.5 33988 4.531326
4 60000 4.778151
3.35 87934 4.944157
11.5 9000 3.954243
5.3 5464 3.737511
MS F Significance F
121.4748 4.76089847 0.0298916773
25.51511
t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
-0.578094 0.563635479 -7.449830545 4.066747359 -7.449830545 4.0667473586
2.181948 0.029891677 0.1417967992 2.749477273 0.1417967992 2.749477273
1.649949
ing price of the less driven (less used/ travelled) cars is high or not
-stat value it is evident that it lies within the range which denotes that it is not
esn't have any significant impact.
between both the variables is weak we can't directly predict the price based on
till this is one of the factor that influences the selling price.
.44563703610374 x − 1.69154159314457
015673177468719
3.5 4 4.5 5 5.5 6
Selling_Pri Present_Price
3.35 5.59
4.75 9.54 SUMMARY OUTPUT
7.25 9.85
2.85 4.15 Regression Statistics
4.6 6.87 Multiple R 0.878982545
9.25 9.83 R Square 0.772610315
6.75 8.12 Adjusted R Square 0.771849814
6.5 8.61 Standard Error 2.42780847
8.75 8.89 Observations 301
7.45 8.92
2.85 3.6 ANOVA
6.85 10.38 df SS MS
7.5 9.94 Regression 1 5988.11005908 5988.110059
6.1 7.71 Residual 299 1762.3819356 5.894253965
2.25 7.21 Total 300 7750.49199468
7.75 10.79
7.25 10.79 Coefficients Standard Error t Stat
7.75 10.79 Intercept 0.718527471 0.18677260324 3.847071029
3.25 5.09 Present_Price 0.516849027 0.01621560806 31.87355205
2.65 7.98 t critical 1.649948674
2.85 3.95
40
4.9 5.71 f(x) = 0.516849027395396 x + 0.718527470981776
4.4 8.01 R² = 0.77261031469858
35
2.5 3.46
2.9 4.41 30
3 4.99
25
4.15 5.87
6 6.49 20
1.95 3.95
7.45 10.38 15
3.1 5.98
10
2.35 4.89
4.95 7.49 5
6 9.95
5.5 8.06 0
0 10 20 30 40 50 60 70
2.95 7.74
4.65 7.2
0.35 2.28
3 3.76
2.25 7.98
5.85 7.87
2.55 3.98
1.95 7.15
5.5 8.06
1.25 2.69
7.5 12.04
2.65 4.89
1.05 4.15
5.8 7.71
7.75 9.29
14.9 30.61
23 30.61
18 19.77
16 30.61
2.75 10.21
3.6 15.04
4.5 7.27
4.75 18.54
4.1 6.8
19.99 35.96
6.95 18.61
4.5 7.7
18.75 35.96
23.5 35.96
33 36.23
4.75 6.95
19.75 23.15
9.25 20.45
4.35 13.74
14.25 20.91
3.95 6.76
4.5 12.48
7.45 18.61
2.65 5.71
4.9 8.93
3.95 6.8
5.5 14.68
1.5 12.35
5.25 22.83
14.5 30.61
14.73 14.89
4.75 7.85
23 25.39
12.5 13.46
3.49 13.46
2.5 23.73
35 92.6
5.9 13.74
3.45 6.05
4.75 6.76
3.8 18.61
11.25 16.09
3.51 13.7
23 30.61
4 22.78
5.85 18.61
20.75 25.39
17 18.64
7.05 18.61
9.65 20.45
1.75 1.9
1.7 1.82
1.65 1.78
1.45 1.6
1.35 1.47
1.35 2.37
1.35 3.45
1.25 1.5
1.2 1.5
1.2 1.47
1.2 1.78
1.15 1.5
1.15 2.4
1.15 1.4
1.15 1.47
1.11 1.47
1.1 1.47
1.1 1.9
1.1 1.47
1.05 1.9
1.05 1.26
1.05 1.5
1.05 1.17
1 1.47
0.95 1.75
0.9 1.75
0.9 0.95
0.75 0.8
0.8 0.87
0.78 0.84
0.75 0.87
0.75 0.82
0.75 0.95
0.72 0.95
0.65 0.81
0.65 0.74
0.65 1.2
0.65 0.787
0.6 0.87
0.6 0.95
0.6 1.2
0.6 0.8
0.6 0.84
0.6 0.84
0.6 0.99
0.6 0.81
0.55 0.787
0.55 0.84
0.52 0.94
0.51 0.94
0.5 0.826
0.5 0.55
0.5 0.99
0.5 0.99
0.5 0.88
0.48 0.51
0.48 0.52
0.48 0.84
0.48 0.54
0.45 0.51
0.45 0.95
0.45 0.826
0.45 0.99
0.45 0.95
0.45 0.54
0.45 0.54
0.45 0.55
0.42 0.81
0.42 0.73
0.4 0.54
0.4 0.83
0.4 0.55
0.4 0.64
0.4 0.51
0.38 0.72
0.38 0.787
0.35 1.05
0.35 0.57
0.35 0.52
0.31 1.05
0.3 0.51
0.3 0.48
0.3 0.58
0.27 0.47
0.25 0.75
0.25 0.58
0.25 0.52
0.25 0.51
0.25 0.57
0.2 0.57
0.2 0.75
0.2 0.57
0.2 0.75
0.2 0.65
0.2 0.787
0.18 0.32
0.17 0.52
0.16 0.51
0.15 0.57
0.12 0.58
0.1 0.75
3.25 6.79
4.4 5.7
2.95 4.6
2.75 4.43
5.25 5.7
5.75 7.13
5.15 5.7
7.9 8.1
4.85 5.7
3.1 4.6
11.75 14.79
11.25 13.6
2.9 6.79
5.25 5.7
4.5 9.4
2.9 4.43
3.15 4.43
6.45 9.4
4.5 9.4
3.5 4.43
4.5 6.79
6 7.6
8.25 9.4
5.11 9.4
2.7 4.6
5.25 5.7
2.55 4.43
4.95 9.4
3.1 6.79
6.15 9.4
9.25 9.4
11.45 14.79
3.9 5.7
5.5 5.7
9.1 9.4
3.1 4.43
11.25 13.6
4.8 9.4
2 4.43
5.35 9.4
4.75 7.13
4.4 7.13
6.25 7.6
5.95 9.4
5.2 9.4
3.75 6.79
5.95 9.4
4 4.6
5.25 7.6
12.9 13.6
5 9.9
5.4 6.82
7.2 9.9
5.25 9.9
3 5.35
10.25 13.6
8.5 13.6
8.4 13.6
3.9 7
9.15 13.6
5.5 5.97
4 5.8
6.6 7.7
4 7
6.5 8.7
3.65 7
8.35 9.4
4.8 5.8
6.7 10
4.1 10
3 10
7.5 10
2.25 7.5
5.3 6.8
10.9 13.6
8.65 13.6
9.7 13.6
6 8.4
6.25 13.6
5.25 5.9
2.1 7.6
8.25 14
8.99 11.8
3.5 5.9
7.4 8.5
5.65 7.9
5.75 7.5
8.4 13.6
10.11 13.6
4.5 6.4
5.4 6.1
6.4 8.4
3.25 9.9
3.75 6.8
8.55 13.09
9.5 11.6
4 5.9
3.35 11
11.5 12.5
5.3 5.9
F Significance F
1015.92332 3.602186E-98
50 60 70 80 90 100
Selling_Price Age
3.35 6 SUMMARY OUTPUT
4.75 7
7.25 3 Regression Statistics
2.85 9 Multiple R 0.2361409802
4.6 6 R Square 0.0557625625
9.25 2 Adjusted R Square 0.0526045778
6.75 5 Standard Error 4.9473159847
6.5 5 Observations 301
8.75 4
7.45 5 ANOVA
2.85 3 df SS MS
6.85 5 Regression 1 432.187294346 432.18729435
7.5 5 Residual 299 7318.30470034 24.475935453
6.1 5 Total 300 7750.49199468
2.25 11
7.75 4 Coefficients Standard Error t Stat
7.25 5 Intercept 7.3062985725 0.69102828082 10.573081848
7.75 4 Age -0.415091695 0.09878197294 -4.202099657
3.25 5 t critical 1.6499486739
2.65 10
2.85 4
4.9 3
4.4 9 Obj To find out whether the Selling price is depende
2.5 6
2.9 7 Conclusion
3 9
4.15 7
From the above analysis and based on the t stat value
6 3 dependent of the age of the car. It can also be inferre
1.95 10 ones less used. But there might be other factors as we
7.45 5
3.1 8
2.35 9
4.95 6
6 6
5.5 6
2.95 9
4.65 5
0.35 17
3 4
2.25 17
5.85 4
2.55 6
1.95 12
5.5 6
1.25 8
7.5 6
2.65 7
1.05 14
5.8 5
7.75 3
14.9 8
23 5
18 3
16 7
2.75 15
3.6 11
4.5 5
4.75 10
4.1 6
19.99 6
6.95 7
4.5 5
18.75 6
23.5 5
33 3
4.75 6
19.75 3
9.25 10
4.35 9
14.25 4
3.95 6
4.5 9
7.45 7
2.65 9
4.9 6
3.95 5
5.5 7
1.5 16
5.25 10
14.5 8
14.73 4
4.75 5
23 3
12.5 5
3.49 15
2.5 14
35 10
5.9 8
3.45 7
4.75 6
3.8 11
11.25 6
3.51 15
23 5
4 12
5.85 8
20.75 4
17 3
7.05 7
9.65 10
1.75 4
1.7 3
1.65 3
1.45 3
1.35 3
1.35 5
1.35 6
1.25 7
1.2 4
1.2 3
1.2 4
1.15 4
1.15 6
1.15 4
1.15 5
1.11 5
1.1 7
1.1 5
1.1 5
1.05 7
1.05 4
1.05 9
1.05 4
1 7
0.95 8
0.9 11
0.9 3
0.75 4
0.8 3
0.78 3
0.75 3
0.75 5
0.75 3
0.72 4
0.65 3
0.65 5
0.65 6
0.65 7
0.6 4
0.6 5
0.6 7
0.6 4
0.6 5
0.6 4
0.6 6
0.6 8
0.55 6
0.55 5
0.52 10
0.51 4
0.5 9
0.5 4
0.5 8
0.5 7
0.5 6
0.48 3
0.48 3
0.48 5
0.48 3
0.45 3
0.45 9
0.45 6
0.45 8
0.45 10
0.45 4
0.45 4
0.45 4
0.42 6
0.42 7
0.4 5
0.4 8
0.4 5
0.4 6
0.4 3
0.38 5
0.38 9
0.35 9
0.35 4
0.35 6
0.31 10
0.3 8
0.3 4
0.3 7
0.27 7
0.25 12
0.25 12
0.25 10
0.25 7
0.25 7
0.2 15
0.2 12
0.2 8
0.2 13
0.2 7
0.2 12
0.18 5
0.17 12
0.16 10
0.15 9
0.12 13
0.1 14
3.25 10
4.4 5
2.95 9
2.75 5
5.25 4
5.75 3
5.15 5
7.9 3
4.85 5
3.1 8
11.75 5
11.25 4
2.9 9
5.25 3
4.5 8
2.9 4
3.15 4
6.45 6
4.5 8
3.5 3
4.5 7
6 6
8.25 5
5.11 7
2.7 9
5.25 5
2.55 9
4.95 8
3.1 8
6.15 7
9.25 3
11.45 5
3.9 7
5.5 5
9.1 3
3.1 4
11.25 5
4.8 7
2 8
5.35 8
4.75 5
4.4 6
6.25 4
5.95 7
5.2 8
3.75 8
5.95 5
4 7
5.25 4
12.9 4
5 7
5.4 5
7.2 6
5.25 7
3 8
10.25 4
8.5 5
8.4 5
3.9 6
9.15 4
5.5 4
4 5
6.6 4
4 5
6.5 3
3.65 6
8.35 4
4.8 3
6.7 5
4.1 9
3 11
7.5 5
2.25 10
5.3 6
10.9 4
8.65 5
9.7 5
6 4
6.25 6
5.25 5
2.1 14
8.25 6
8.99 4
3.5 7
7.4 4
5.65 4
5.75 5
8.4 5
10.11 4
4.5 6
5.4 5
6.4 4
3.25 10
3.75 6
8.55 5
9.5 4
4 5
3.35 11
11.5 3
5.3 4
F Significance F
17.65764153 3.495472E-05
ether the Selling price is dependent on the age of the car and varies along with it.
ysis and based on the t stat value we can infer that selling price of the car is somewhat
e of the car. It can also be inferred that the cars with higher selling price are mostly the
here might be other factors as well which determine the price.
Selling_Price Fuel_Type Petrol Diesel CNG
3.35 Petrol 1 0 0
4.75 Diesel 0 1 0 SUMMARY OUTPUT
7.25 Petrol 1 0 0
2.85 Petrol 1 0 0 Regression Statistics
4.6 Diesel 0 1 0 Multiple R 0.552346
9.25 Diesel 0 1 0 R Square 0.305086
6.75 Petrol 1 0 0 Adjusted R Square 0.297066
6.5 Diesel 0 1 0 Standard Error 4.251304
8.75 Diesel 0 1 0 Observations 301
7.45 Diesel 0 1 0
2.85 Petrol 1 0 0 ANOVA
6.85 Diesel 0 1 0 df SS
7.5 Petrol 1 0 0 Regression 3 2364.563
6.1 Petrol 1 0 0 Residual 298 5385.929
2.25 Petrol 1 0 0 Total 301 7750.492
7.75 Diesel 0 1 0
7.25 Diesel 0 1 0 Coefficients
Standard Error
7.75 Diesel 0 1 0 Intercept 3.1 3.006126
3.25 CNG 0 0 1 Petrol 0.164184 3.018678
2.65 Petrol 1 0 0 Diesel 7.1785 3.055817
2.85 Petrol 1 0 0 CNG 0 0
4.9 Petrol 1 0 0 t critical
4.4 Petrol 1 0 0
2.5 Petrol 1 0 0
2.9 Petrol 1 0 0 SUMMARY OUTPUT
3 Petrol 1 0 0
4.15 Petrol 1 0 0 Regression Statistics
6 Petrol 1 0 0 Multiple R 0.552339
1.95 Petrol 1 0 0 R Square 0.305079
7.45 Diesel 0 1 0 Adjusted R Square 0.302755
3.1 Diesel 0 1 0 Standard Error 4.24421
2.35 Petrol 1 0 0 Observations 301
4.95 Diesel 0 1 0
6 Diesel 0 1 0 ANOVA
5.5 Diesel 0 1 0 df SS
2.95 CNG 0 0 1 Regression 1 2364.51
4.65 Petrol 1 0 0 Residual 299 5385.982
0.35 Petrol 1 0 0 Total 300 7750.492
3 Petrol 1 0 0
2.25 Petrol 1 0 0 Coefficients
Standard Error
5.85 Petrol 1 0 0 Intercept 3.262822 0.273394
2.55 Petrol 1 0 0 Diesel 7.015678 0.612345
1.95 Petrol 1 0 0 t critical
5.5 Diesel 0 1 0
1.25 Petrol 1 0 0 Obj
To determine whether there is signi
impact of fuel type on the selling pri
which fuel type has more significanc
To determine whether there is signi
7.5 Petrol 1 0 0 impact of fuel type on the selling pri
2.65 Petrol 1 0 0 which fuel type has more significanc
1.05 Petrol 1 0 0
5.8 Petrol 1 0 0 Conclusion 1. Diesel cars are correlated with se
7.75 Petrol 1 0 0 2. Petrol and CNG cars doensn't see
14.9 Diesel 0 1 0
23 Diesel 0 1 0
18 Diesel 0 1 0
16 Diesel 0 1 0
2.75 Petrol 1 0 0
3.6 Petrol 1 0 0
4.5 Petrol 1 0 0
4.75 Petrol 1 0 0
4.1 Petrol 1 0 0
19.99 Diesel 0 1 0
6.95 Petrol 1 0 0
4.5 Petrol 1 0 0
18.75 Diesel 0 1 0
23.5 Diesel 0 1 0
33 Diesel 0 1 0
4.75 Diesel 0 1 0
19.75 Petrol 1 0 0
9.25 Diesel 0 1 0
4.35 Petrol 1 0 0
14.25 Petrol 1 0 0
3.95 Diesel 0 1 0
4.5 Diesel 0 1 0
7.45 Petrol 1 0 0
2.65 Petrol 1 0 0
4.9 Diesel 0 1 0
3.95 Petrol 1 0 0
5.5 Petrol 1 0 0
1.5 Petrol 1 0 0
5.25 Petrol 1 0 0
14.5 Diesel 0 1 0
14.73 Diesel 0 1 0
4.75 Diesel 0 1 0
23 Diesel 0 1 0
12.5 Diesel 0 1 0
3.49 Diesel 0 1 0
2.5 Petrol 1 0 0
35 Diesel 0 1 0
5.9 Petrol 1 0 0
3.45 Petrol 1 0 0
4.75 Petrol 1 0 0
3.8 Petrol 1 0 0
11.25 Diesel 0 1 0
3.51 Petrol 1 0 0
23 Diesel 0 1 0
4 Petrol 1 0 0
5.85 Petrol 1 0 0
20.75 Diesel 0 1 0
17 Petrol 1 0 0
7.05 Petrol 1 0 0
9.65 Diesel 0 1 0
1.75 Petrol 1 0 0
1.7 Petrol 1 0 0
1.65 Petrol 1 0 0
1.45 Petrol 1 0 0
1.35 Petrol 1 0 0
1.35 Petrol 1 0 0
1.35 Petrol 1 0 0
1.25 Petrol 1 0 0
1.2 Petrol 1 0 0
1.2 Petrol 1 0 0
1.2 Petrol 1 0 0
1.15 Petrol 1 0 0
1.15 Petrol 1 0 0
1.15 Petrol 1 0 0
1.15 Petrol 1 0 0
1.11 Petrol 1 0 0
1.1 Petrol 1 0 0
1.1 Petrol 1 0 0
1.1 Petrol 1 0 0
1.05 Petrol 1 0 0
1.05 Petrol 1 0 0
1.05 Petrol 1 0 0
1.05 Petrol 1 0 0
1 Petrol 1 0 0
0.95 Petrol 1 0 0
0.9 Petrol 1 0 0
0.9 Petrol 1 0 0
0.75 Petrol 1 0 0
0.8 Petrol 1 0 0
0.78 Petrol 1 0 0
0.75 Petrol 1 0 0
0.75 Petrol 1 0 0
0.75 Petrol 1 0 0
0.72 Petrol 1 0 0
0.65 Petrol 1 0 0
0.65 Petrol 1 0 0
0.65 Petrol 1 0 0
0.65 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.6 Petrol 1 0 0
0.55 Petrol 1 0 0
0.55 Petrol 1 0 0
0.52 Petrol 1 0 0
0.51 Petrol 1 0 0
0.5 Petrol 1 0 0
0.5 Petrol 1 0 0
0.5 Petrol 1 0 0
0.5 Petrol 1 0 0
0.5 Petrol 1 0 0
0.48 Petrol 1 0 0
0.48 Petrol 1 0 0
0.48 Petrol 1 0 0
0.48 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.45 Petrol 1 0 0
0.42 Petrol 1 0 0
0.42 Petrol 1 0 0
0.4 Petrol 1 0 0
0.4 Petrol 1 0 0
0.4 Petrol 1 0 0
0.4 Petrol 1 0 0
0.4 Petrol 1 0 0
0.38 Petrol 1 0 0
0.38 Petrol 1 0 0
0.35 Petrol 1 0 0
0.35 Petrol 1 0 0
0.35 Petrol 1 0 0
0.31 Petrol 1 0 0
0.3 Petrol 1 0 0
0.3 Petrol 1 0 0
0.3 Petrol 1 0 0
0.27 Petrol 1 0 0
0.25 Petrol 1 0 0
0.25 Petrol 1 0 0
0.25 Petrol 1 0 0
0.25 Petrol 1 0 0
0.25 Petrol 1 0 0
0.2 Petrol 1 0 0
0.2 Petrol 1 0 0
0.2 Petrol 1 0 0
0.2 Petrol 1 0 0
0.2 Petrol 1 0 0
0.2 Petrol 1 0 0
0.18 Petrol 1 0 0
0.17 Petrol 1 0 0
0.16 Petrol 1 0 0
0.15 Petrol 1 0 0
0.12 Petrol 1 0 0
0.1 Petrol 1 0 0
3.25 Diesel 0 1 0
4.4 Petrol 1 0 0
2.95 Petrol 1 0 0
2.75 Petrol 1 0 0
5.25 Petrol 1 0 0
5.75 Petrol 1 0 0
5.15 Petrol 1 0 0
7.9 Petrol 1 0 0
4.85 Diesel 0 1 0
3.1 Petrol 1 0 0
11.75 Diesel 0 1 0
11.25 Petrol 1 0 0
2.9 Petrol 1 0 0
5.25 Petrol 1 0 0
4.5 Petrol 1 0 0
2.9 Petrol 1 0 0
3.15 Petrol 1 0 0
6.45 Petrol 1 0 0
4.5 Petrol 1 0 0
3.5 Petrol 1 0 0
4.5 Petrol 1 0 0
6 Diesel 0 1 0
8.25 Diesel 0 1 0
5.11 Petrol 1 0 0
2.7 Petrol 1 0 0
5.25 Petrol 1 0 0
2.55 Petrol 1 0 0
4.95 Diesel 0 1 0
3.1 Diesel 0 1 0
6.15 Diesel 0 1 0
9.25 Petrol 1 0 0
11.45 Petrol 1 0 0
3.9 Diesel 0 1 0
5.5 Petrol 1 0 0
9.1 Petrol 1 0 0
3.1 Petrol 1 0 0
11.25 Diesel 0 1 0
4.8 Petrol 1 0 0
2 Petrol 1 0 0
5.35 Diesel 0 1 0
4.75 Petrol 1 0 0
4.4 Petrol 1 0 0
6.25 Petrol 1 0 0
5.95 Diesel 0 1 0
5.2 Diesel 0 1 0
3.75 Petrol 1 0 0
5.95 Petrol 1 0 0
4 Petrol 1 0 0
5.25 Petrol 1 0 0
12.9 Diesel 0 1 0
5 Petrol 1 0 0
5.4 Petrol 1 0 0
7.2 Diesel 0 1 0
5.25 Petrol 1 0 0
3 Petrol 1 0 0
10.25 Petrol 1 0 0
8.5 Petrol 1 0 0
8.4 Petrol 1 0 0
3.9 Petrol 1 0 0
9.15 Petrol 1 0 0
5.5 Petrol 1 0 0
4 Petrol 1 0 0
6.6 Petrol 1 0 0
4 Petrol 1 0 0
6.5 Petrol 1 0 0
3.65 Petrol 1 0 0
8.35 Diesel 0 1 0
4.8 Petrol 1 0 0
6.7 Petrol 1 0 0
4.1 Petrol 1 0 0
3 Petrol 1 0 0
7.5 Petrol 1 0 0
2.25 Petrol 1 0 0
5.3 Petrol 1 0 0
10.9 Petrol 1 0 0
8.65 Petrol 1 0 0
9.7 Petrol 1 0 0
6 Petrol 1 0 0
6.25 Petrol 1 0 0
5.25 Petrol 1 0 0
2.1 Petrol 1 0 0
8.25 Diesel 0 1 0
8.99 Petrol 1 0 0
3.5 Petrol 1 0 0
7.4 Petrol 1 0 0
5.65 Petrol 1 0 0
5.75 Petrol 1 0 0
8.4 Petrol 1 0 0
10.11 Petrol 1 0 0
4.5 Petrol 1 0 0
5.4 Petrol 1 0 0
6.4 Petrol 1 0 0
3.25 Petrol 1 0 0
3.75 Petrol 1 0 0
8.55 Diesel 0 1 0
9.5 Diesel 0 1 0
4 Petrol 1 0 0
3.35 Petrol 1 0 0
11.5 Diesel 0 1 0
5.3 Petrol 1 0 0
MS F Significance F
788.1878 65.41489427 1.683E-32
18.07359
MS F Significance F
2364.51 131.2645435 1.939E-25
18.01332
Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
0.29313750405 13.41347 1.937848E-32 3.3551183458 4.508866 3.355118 4.50886633
0 65535 #NUM! 0 0 0 0
0.80412698748 6.824802 #NUM! 3.9055423065 7.070473 3.905542 7.07047302
t critical 1.649949
SS MS F Significance F
1044.6322307 1044.632 46.57792557 4.901447E-11
6705.85976398 22.42762
7750.49199468
Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
0.29313750405 13.41347 1.937848E-32 3.3551183458 4.508866 3.355118 4.50886633
0.80412698748 6.824802 4.901447E-11 3.9055423065 7.070473 3.905542 7.07047302
SS MS F Significance F
1044.6322307 1044.632 46.57792557 4.901447E-11
6705.85976398 22.42762
7750.49199468
Standard Error t Stat P-value Lower 95% Upper 95%Lower 95.0%Upper 95.0%
0.74879277221 12.58025 2.039445E-29 7.9464284876 10.89357 7.946428 10.8935715
0.80412698748 -6.824802 4.901447E-11 -7.070473019 -3.905542 -7.070473 -3.90554231
Automatic transmission and selling price are related and automatic cars have higher selling price.
Selling_Price Owner First Owner Second Owner
3.35 First Owner 1 0 SUMMARY OUTPUT
4.75 First Owner 1 0
7.25 First Owner 1 0 Regression Statistics
2.85 First Owner 1 0 Multiple R 0.101445276
4.6 First Owner 1 0 R Square 0.010291144
9.25 First Owner 1 0 Adjusted R Square 0.0036365993
6.75 First Owner 1 0 Standard Error 5.065038724
6.5 First Owner 1 0 Observations 301
8.75 First Owner 1 0
7.45 First Owner 1 0 ANOVA
2.85 First Owner 1 0 df
6.85 First Owner 1 0 Regression 2
7.5 First Owner 1 0 Residual 299
6.1 First Owner 1 0 Total 301
2.25 First Owner 1 0
7.75 First Owner 1 0 Coefficients
7.25 First Owner 1 0 Intercept 4.7615517241
7.75 First Owner 1 0 First Owner 0
3.25 First Owner 1 0 Second Owner -2.743369906
2.65 First Owner 1 0
2.85 First Owner 1 0
4.9 First Owner 1 0 SUMMARY OUTPUT
4.4 First Owner 1 0
2.5 First Owner 1 0 Regression Statistics
2.9 First Owner 1 0 Multiple R 0.101445276
3 First Owner 1 0 R Square 0.010291144
4.15 First Owner 1 0 Adjusted R Square 0.006981081
6 First Owner 1 0 Standard Error 5.065038724
1.95 First Owner 1 0 Observations 301
7.45 First Owner 1 0
3.1 First Owner 1 0 ANOVA
2.35 First Owner 1 0 df
4.95 First Owner 1 0 Regression 1
6 First Owner 1 0 Residual 299
5.5 First Owner 1 0 Total 300
2.95 First Owner 1 0
4.65 First Owner 1 0 Coefficients
0.35 First Owner 1 0 Intercept 2.0181818182
3 First Owner 1 0 First Owner 2.743369906
2.25 First Owner 1 0
5.85 First Owner 1 0
2.55 First Owner 1 0 Objective To determine whether the
1.95 First Owner 1 0 Conclusion 1. Selling price is varying based on
5.5 First Owner 1 0
1.25 First Owner 1 0
7.5 First Owner 1 0
2.65 First Owner 1 0
1.05 First Owner 1 0
5.8 First Owner 1 0
7.75 First Owner 1 0
14.9 First Owner 1 0
23 First Owner 1 0
18 First Owner 1 0
16 First Owner 1 0
2.75 First Owner 1 0
3.6 First Owner 1 0
4.5 First Owner 1 0
4.75 First Owner 1 0
4.1 Second Owner 0 1
19.99 First Owner 1 0
6.95 First Owner 1 0
4.5 First Owner 1 0
18.75 First Owner 1 0
23.5 First Owner 1 0
33 First Owner 1 0
4.75 First Owner 1 0
19.75 First Owner 1 0
9.25 First Owner 1 0
4.35 First Owner 1 0
14.25 First Owner 1 0
3.95 First Owner 1 0
4.5 First Owner 1 0
7.45 First Owner 1 0
2.65 First Owner 1 0
4.9 First Owner 1 0
3.95 First Owner 1 0
5.5 First Owner 1 0
1.5 First Owner 1 0
5.25 First Owner 1 0
14.5 First Owner 1 0
14.73 First Owner 1 0
4.75 First Owner 1 0
23 First Owner 1 0
12.5 First Owner 1 0
3.49 First Owner 1 0
2.5 Second Owner 0 1
35 First Owner 1 0
5.9 First Owner 1 0
3.45 First Owner 1 0
4.75 First Owner 1 0
3.8 First Owner 1 0
11.25 First Owner 1 0
3.51 First Owner 1 0
23 First Owner 1 0
4 First Owner 1 0
5.85 First Owner 1 0
20.75 First Owner 1 0
17 First Owner 1 0
7.05 First Owner 1 0
9.65 First Owner 1 0
1.75 First Owner 1 0
1.7 First Owner 1 0
1.65 First Owner 1 0
1.45 First Owner 1 0
1.35 First Owner 1 0
1.35 First Owner 1 0
1.35 Second Owner 0 1
1.25 First Owner 1 0
1.2 First Owner 1 0
1.2 First Owner 1 0
1.2 First Owner 1 0
1.15 First Owner 1 0
1.15 First Owner 1 0
1.15 First Owner 1 0
1.15 First Owner 1 0
1.11 First Owner 1 0
1.1 First Owner 1 0
1.1 First Owner 1 0
1.1 First Owner 1 0
1.05 First Owner 1 0
1.05 First Owner 1 0
1.05 First Owner 1 0
1.05 First Owner 1 0
1 First Owner 1 0
0.95 First Owner 1 0
0.9 First Owner 1 0
0.9 First Owner 1 0
0.75 First Owner 1 0
0.8 First Owner 1 0
0.78 First Owner 1 0
0.75 First Owner 1 0
0.75 First Owner 1 0
0.75 First Owner 1 0
0.72 First Owner 1 0
0.65 First Owner 1 0
0.65 First Owner 1 0
0.65 First Owner 1 0
0.65 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.6 First Owner 1 0
0.55 First Owner 1 0
0.55 First Owner 1 0
0.52 First Owner 1 0
0.51 First Owner 1 0
0.5 First Owner 1 0
0.5 First Owner 1 0
0.5 First Owner 1 0
0.5 First Owner 1 0
0.5 First Owner 1 0
0.48 First Owner 1 0
0.48 First Owner 1 0
0.48 First Owner 1 0
0.48 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.45 First Owner 1 0
0.42 First Owner 1 0
0.42 First Owner 1 0
0.4 First Owner 1 0
0.4 First Owner 1 0
0.4 First Owner 1 0
0.4 First Owner 1 0
0.4 First Owner 1 0
0.38 First Owner 1 0
0.38 First Owner 1 0
0.35 First Owner 1 0
0.35 First Owner 1 0
0.35 First Owner 1 0
0.31 First Owner 1 0
0.3 First Owner 1 0
0.3 First Owner 1 0
0.3 First Owner 1 0
0.27 First Owner 1 0
0.25 Second Owner 0 1
0.25 First Owner 1 0
0.25 First Owner 1 0
0.25 First Owner 1 0
0.25 First Owner 1 0
0.2 First Owner 1 0
0.2 First Owner 1 0
0.2 Second Owner 0 1
0.2 Second Owner 0 1
0.2 Second Owner 0 1
0.2 First Owner 1 0
0.18 First Owner 1 0
0.17 First Owner 1 0
0.16 First Owner 1 0
0.15 Second Owner 0 1
0.12 First Owner 1 0
0.1 First Owner 1 0
3.25 Second Owner 0 1
4.4 First Owner 1 0
2.95 First Owner 1 0
2.75 First Owner 1 0
5.25 Second Owner 0 1
5.75 First Owner 1 0
5.15 First Owner 1 0
7.9 First Owner 1 0
4.85 First Owner 1 0
3.1 First Owner 1 0
11.75 First Owner 1 0
11.25 First Owner 1 0
2.9 First Owner 1 0
5.25 First Owner 1 0
4.5 First Owner 1 0
2.9 First Owner 1 0
3.15 First Owner 1 0
6.45 First Owner 1 0
4.5 First Owner 1 0
3.5 First Owner 1 0
4.5 First Owner 1 0
6 First Owner 1 0
8.25 First Owner 1 0
5.11 First Owner 1 0
2.7 First Owner 1 0
5.25 First Owner 1 0
2.55 First Owner 1 0
4.95 First Owner 1 0
3.1 First Owner 1 0
6.15 First Owner 1 0
9.25 First Owner 1 0
11.45 First Owner 1 0
3.9 First Owner 1 0
5.5 First Owner 1 0
9.1 First Owner 1 0
3.1 First Owner 1 0
11.25 First Owner 1 0
4.8 First Owner 1 0
2 First Owner 1 0
5.35 First Owner 1 0
4.75 Second Owner 0 1
4.4 First Owner 1 0
6.25 First Owner 1 0
5.95 First Owner 1 0
5.2 First Owner 1 0
3.75 First Owner 1 0
5.95 First Owner 1 0
4 First Owner 1 0
5.25 First Owner 1 0
12.9 First Owner 1 0
5 First Owner 1 0
5.4 First Owner 1 0
7.2 First Owner 1 0
5.25 First Owner 1 0
3 First Owner 1 0
10.25 First Owner 1 0
8.5 First Owner 1 0
8.4 First Owner 1 0
3.9 First Owner 1 0
9.15 First Owner 1 0
5.5 First Owner 1 0
4 First Owner 1 0
6.6 First Owner 1 0
4 First Owner 1 0
6.5 First Owner 1 0
3.65 First Owner 1 0
8.35 First Owner 1 0
4.8 First Owner 1 0
6.7 First Owner 1 0
4.1 First Owner 1 0
3 First Owner 1 0
7.5 First Owner 1 0
2.25 First Owner 1 0
5.3 First Owner 1 0
10.9 First Owner 1 0
8.65 First Owner 1 0
9.7 First Owner 1 0
6 First Owner 1 0
6.25 First Owner 1 0
5.25 First Owner 1 0
2.1 First Owner 1 0
8.25 First Owner 1 0
8.99 First Owner 1 0
3.5 First Owner 1 0
7.4 First Owner 1 0
5.65 First Owner 1 0
5.75 First Owner 1 0
8.4 First Owner 1 0
10.11 First Owner 1 0
4.5 First Owner 1 0
5.4 First Owner 1 0
6.4 First Owner 1 0
3.25 First Owner 1 0
3.75 First Owner 1 0
8.55 First Owner 1 0
9.5 First Owner 1 0
4 First Owner 1 0
3.35 First Owner 1 0
11.5 First Owner 1 0
5.3 First Owner 1 0
t critical 1.649948674
SS MS F Significance F
79.76143 39.880714662 3.109047719 0.046095
7670.731 25.654617275
7750.492
SS MS F Significance F
79.76143 79.761429324 3.109047719 0.07888
7670.731 25.654617275
7750.492
To determine whether the Owner Type has any influence on the selling price
elling price is varying based on the Owner type. It is evident that the first owner type cars have higher sellin price and second owner type
price and second owner type have less selling price
Selling_Price Seller_Typ Dealer Individual
3.35 Dealer 1 0 SUMMARY OUTPUT
4.75 Dealer 1 0
7.25 Dealer 1 0 Regression Statistics
2.85 Dealer 1 0 Multiple R 0.5507237616
4.6 Dealer 1 0 R Square 0.3032966616
9.25 Dealer 1 0 Adjusted R Square 0.2976220685
6.75 Dealer 1 0 Standard Error 4.2496482826
6.5 Dealer 1 0 Observations 301
8.75 Dealer 1 0
7.45 Dealer 1 0 ANOVA
2.85 Dealer 1 0 df SS
6.85 Dealer 1 0 Regression 2 2350.69834748554
7.5 Dealer 1 0 Residual 299 5399.79364719885
6.1 Dealer 1 0 Total 301 7750.49199468439
2.25 Dealer 1 0
7.75 Dealer 1 0 Coefficients Standard Error
7.25 Dealer 1 0 Intercept 6.7216923077 0.3043236344601
7.75 Dealer 1 0 Dealer 0 0
3.25 Dealer 1 0 Individual -5.850748911 0.5128212313272
2.65 Dealer 1 0
2.85 Dealer 1 0 SUMMARY OUTPUT
4.9 Dealer 1 0
4.4 Dealer 1 0 Regression Statistics
2.5 Dealer 1 0 Multiple R 0.5507237616
2.9 Dealer 1 0 R Square 0.3032966616
3 Dealer 1 0 Adjusted R Square 0.3009665501
4.15 Dealer 1 0 Standard Error 4.2496482826
6 Individual 0 1 Observations 301
1.95 Dealer 1 0
7.45 Dealer 1 0 ANOVA
3.1 Dealer 1 0 df SS
2.35 Dealer 1 0 Regression 1 2350.69834748554
4.95 Dealer 1 0 Residual 299 5399.79364719885
6 Dealer 1 0 Total 300 7750.49199468439
5.5 Dealer 1 0
2.95 Dealer 1 0 Coefficients Standard Error
4.65 Dealer 1 0 Intercept 0.8709433962 0.4127623296874
0.35 Individual 0 1 Dealer 5.8507489115 0.5128212313272
3 Dealer 1 0
2.25 Dealer 1 0
5.85 Dealer 1 0
2.55 Dealer 1 0 obj To determine if there is any infl
1.95 Dealer 1 0 Conclusion
5.5 Dealer 1 0
1.25 Dealer 1 0
1. Dealership seller's cars are hi
significant. This might also be th
quality which inturn be inferred
1. Dealership seller's cars are hi
7.5 Dealer 1 0 significant. This might also be th
2.65 Dealer 1 0 quality which inturn be inferred
1.05 Dealer 1 0
5.8 Dealer 1 0
7.75 Dealer 1 0
14.9 Dealer 1 0
23 Dealer 1 0
18 Dealer 1 0
16 Individual 0 1
2.75 Individual 0 1
3.6 Dealer 1 0
4.5 Dealer 1 0
4.75 Dealer 1 0
4.1 Dealer 1 0
19.99 Dealer 1 0
6.95 Dealer 1 0
4.5 Dealer 1 0
18.75 Dealer 1 0
23.5 Dealer 1 0
33 Dealer 1 0
4.75 Dealer 1 0
19.75 Dealer 1 0
9.25 Dealer 1 0
4.35 Dealer 1 0
14.25 Dealer 1 0
3.95 Dealer 1 0
4.5 Dealer 1 0
7.45 Dealer 1 0
2.65 Dealer 1 0
4.9 Dealer 1 0
3.95 Dealer 1 0
5.5 Dealer 1 0
1.5 Dealer 1 0
5.25 Dealer 1 0
14.5 Dealer 1 0
14.73 Dealer 1 0
4.75 Dealer 1 0
23 Dealer 1 0
12.5 Dealer 1 0
3.49 Dealer 1 0
2.5 Individual 0 1
35 Dealer 1 0
5.9 Dealer 1 0
3.45 Dealer 1 0
4.75 Dealer 1 0
3.8 Dealer 1 0
11.25 Dealer 1 0
3.51 Dealer 1 0
23 Dealer 1 0
4 Dealer 1 0
5.85 Dealer 1 0
20.75 Dealer 1 0
17 Dealer 1 0
7.05 Dealer 1 0
9.65 Dealer 1 0
1.75 Individual 0 1
1.7 Individual 0 1
1.65 Individual 0 1
1.45 Individual 0 1
1.35 Individual 0 1
1.35 Individual 0 1
1.35 Individual 0 1
1.25 Individual 0 1
1.2 Individual 0 1
1.2 Individual 0 1
1.2 Individual 0 1
1.15 Individual 0 1
1.15 Individual 0 1
1.15 Individual 0 1
1.15 Individual 0 1
1.11 Individual 0 1
1.1 Individual 0 1
1.1 Individual 0 1
1.1 Individual 0 1
1.05 Individual 0 1
1.05 Individual 0 1
1.05 Individual 0 1
1.05 Individual 0 1
1 Individual 0 1
0.95 Individual 0 1
0.9 Individual 0 1
0.9 Individual 0 1
0.75 Individual 0 1
0.8 Individual 0 1
0.78 Individual 0 1
0.75 Individual 0 1
0.75 Individual 0 1
0.75 Individual 0 1
0.72 Individual 0 1
0.65 Individual 0 1
0.65 Individual 0 1
0.65 Individual 0 1
0.65 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.6 Individual 0 1
0.55 Individual 0 1
0.55 Individual 0 1
0.52 Individual 0 1
0.51 Individual 0 1
0.5 Individual 0 1
0.5 Individual 0 1
0.5 Individual 0 1
0.5 Individual 0 1
0.5 Individual 0 1
0.48 Individual 0 1
0.48 Individual 0 1
0.48 Individual 0 1
0.48 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.45 Individual 0 1
0.42 Individual 0 1
0.42 Individual 0 1
0.4 Individual 0 1
0.4 Individual 0 1
0.4 Individual 0 1
0.4 Individual 0 1
0.4 Individual 0 1
0.38 Individual 0 1
0.38 Individual 0 1
0.35 Individual 0 1
0.35 Individual 0 1
0.35 Individual 0 1
0.31 Individual 0 1
0.3 Individual 0 1
0.3 Individual 0 1
0.3 Individual 0 1
0.27 Individual 0 1
0.25 Individual 0 1
0.25 Individual 0 1
0.25 Individual 0 1
0.25 Individual 0 1
0.25 Individual 0 1
0.2 Individual 0 1
0.2 Individual 0 1
0.2 Individual 0 1
0.2 Individual 0 1
0.2 Individual 0 1
0.2 Individual 0 1
0.18 Individual 0 1
0.17 Individual 0 1
0.16 Individual 0 1
0.15 Individual 0 1
0.12 Individual 0 1
0.1 Individual 0 1
3.25 Dealer 1 0
4.4 Dealer 1 0
2.95 Dealer 1 0
2.75 Dealer 1 0
5.25 Dealer 1 0
5.75 Dealer 1 0
5.15 Dealer 1 0
7.9 Dealer 1 0
4.85 Dealer 1 0
3.1 Dealer 1 0
11.75 Dealer 1 0
11.25 Dealer 1 0
2.9 Dealer 1 0
5.25 Dealer 1 0
4.5 Dealer 1 0
2.9 Dealer 1 0
3.15 Dealer 1 0
6.45 Dealer 1 0
4.5 Dealer 1 0
3.5 Dealer 1 0
4.5 Dealer 1 0
6 Dealer 1 0
8.25 Dealer 1 0
5.11 Dealer 1 0
2.7 Dealer 1 0
5.25 Dealer 1 0
2.55 Dealer 1 0
4.95 Dealer 1 0
3.1 Dealer 1 0
6.15 Dealer 1 0
9.25 Dealer 1 0
11.45 Dealer 1 0
3.9 Dealer 1 0
5.5 Dealer 1 0
9.1 Dealer 1 0
3.1 Dealer 1 0
11.25 Dealer 1 0
4.8 Dealer 1 0
2 Dealer 1 0
5.35 Dealer 1 0
4.75 Dealer 1 0
4.4 Dealer 1 0
6.25 Dealer 1 0
5.95 Dealer 1 0
5.2 Dealer 1 0
3.75 Dealer 1 0
5.95 Dealer 1 0
4 Dealer 1 0
5.25 Dealer 1 0
12.9 Dealer 1 0
5 Dealer 1 0
5.4 Dealer 1 0
7.2 Dealer 1 0
5.25 Dealer 1 0
3 Dealer 1 0
10.25 Dealer 1 0
8.5 Dealer 1 0
8.4 Dealer 1 0
3.9 Dealer 1 0
9.15 Dealer 1 0
5.5 Dealer 1 0
4 Dealer 1 0
6.6 Dealer 1 0
4 Dealer 1 0
6.5 Dealer 1 0
3.65 Dealer 1 0
8.35 Dealer 1 0
4.8 Dealer 1 0
6.7 Dealer 1 0
4.1 Dealer 1 0
3 Dealer 1 0
7.5 Dealer 1 0
2.25 Dealer 1 0
5.3 Dealer 1 0
10.9 Dealer 1 0
8.65 Dealer 1 0
9.7 Dealer 1 0
6 Dealer 1 0
6.25 Dealer 1 0
5.25 Dealer 1 0
2.1 Dealer 1 0
8.25 Dealer 1 0
8.99 Dealer 1 0
3.5 Dealer 1 0
7.4 Dealer 1 0
5.65 Dealer 1 0
5.75 Dealer 1 0
8.4 Dealer 1 0
10.11 Dealer 1 0
4.5 Dealer 1 0
5.4 Dealer 1 0
6.4 Dealer 1 0
3.25 Dealer 1 0
3.75 Dealer 1 0
8.55 Dealer 1 0
9.5 Dealer 1 0
4 Dealer 1 0
3.35 Dealer 1 0
11.5 Dealer 1 0
5.3 Dealer 1 0
t critical 1.64994867
MS F Significance F
1175.349174 130.164012 2.3534161E-41
18.05951053
t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
22.08731609 8.7841E-65 6.12280479844 7.3205798169 6.122804798 7.32057981694
65535 #NUM! 0 0 0 0
-11.4089444 #NUM! -6.8599450275 -4.841552795 -6.859945028 -4.8415527954
MS F Significance F
2350.698347 130.164012 2.8524201E-25
18.05951053
t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
2.110036051 0.03568584 0.05865616136 1.6832306311 0.058656161 1.68323063109
11.40894439 2.8524E-25 4.84155279541 6.8599450275 4.841552795 6.85994502752
rship seller's cars are highly priced as its coefficient is positive and the relation is
nt. This might also be the way as dealers might not be willing to sell cars at a lesser
which inturn be inferred that their cars will slightly be priced high.