The aim of our coursework is to investigate the effect of different variables on the price of a second hand car.
Investigation Aim: The aim of our coursework is to investigate the effect of different variables on the price of a second hand car. I will try and achieve this aim by setting three hypotheses that I will try to prove or disprove depending on the results of the test data. In order to test the data I will be using sampling techniques to chose a sample that I will be working with throughout the investigation. Hypotheses . I predict that the depreciation of a used car depends on its age. This is because as a car increases in age it becomes less desirable and depreciates more in price. I expect there to be a positive correlation between age and percentage decrease in price. 2. I predict that the price of a used Vauxhall is dependant on engine size. This is because as a car's engine size increases, the car becomes more desirable and enters higher price brackets. The increase in engine size often leads to an increase in specifications as well which in turn leads to a slower depreciation rate. I expect there to be a negative correlation between engine size and percentage decrease in price. 3. I predict that the price of a used car is dependant on mileage. This is because as the mileage of a car increases, the car becomes less desirable. Also as the mileage increases so does that age of the car. This increases depreciation and so I expect there to be a positive correlation
Investigate what affects the price of a used car.
Sophie Lakes Introduction For my maths coursework, I have been asked to investigate what affects the price of a used car. I have been given information on 100 cars. On each car I have details of its * Make (e.g. Ford) * Model (e.g. Fiesta) * Colour * Price when new * Current price * Age * Colour * Engine * Petrol Type * MPG * Mileage * History - Service? - Number of owners - Length of MOT * Tax (months) * Insurance group * Doors * Style * Central Locking * Seats * Gearbox * Air conditioning? * Airbags? In the information there are 26 different brands of car. Hypothesis The value of a car decreases exponentially with age By decreasing exponentially I mean that in a graph of a certain type of car, with age along one axis and its value along the other, a downward curve would be seen, for example: Plan The factor that I am first going to investigate, as I believe it to be the most important factor affecting the selling price of the car, is the age. As there is a lot of information contained within the database, I am goin to narrow down my search by first looking at four different brands of car. I will be using a variety of charts, diagrams and graphs in order to present my information. The results I collect from each make of car I will then combine to find an overall average of the affect of age on the selling price of a car. For each Make I
Maths Coursework: Car Prices and Specifications
Maths Coursework: Aim: The aim of my investigation in this maths coursework is to investigate the used car sales. I will need to investigate on these variables: * The price of the cars * The age of the cars * The makes of the cars * The cost when new of the cars * The mileage of the cars * The engine sizes of the cars All the variables above are ratio variables (Numbers are used) except the makes of the cars, because that one is special and it's called nominal variables. I will first try to find out any links between the current price of the car and the other variables such as age, mileage, car engine size, and the make. After finding links, I will then attempt to progress the data in order to find out stronger links between variables and eventually I will try to find a general value or formula that can link them. I will be drawing some graphs and then look for conclusions, which can help me to find a general formula. Here is the results table, which was given in this coursework: Car Number Price (Pounds) Age (Years) Make (Brand) Original Price (Pounds) Mileage (Miles) Engine Size (Litres) 6970 3 Ford 1600 24000 .6 2 3350 7 Peugeot 7100 85000 .1 3 3995 6 Ford 3800 52000 2 4 5300 6 Vauxhall 6300 70000 2 5 6500 3 Fiat 8700 24000 .2 6 500 9 Vauxhall 8700 82000 .6 7 995 9 Ford 8500 02000 .8 8 3000 7
My task for this piece of coursework is to statistically analyse the data for used car sales. I will use the information that was given to me, to investigate what influences the price of a second-hand car.
Amrish Vasdev 0.60E Maths GCSE Coursework - Used Car Sales Final Draft Introduction My task for this piece of coursework is to statistically analyse the data for used car sales. I will use the information that was given to me, to investigate what influences the price of a second-hand car. What influences the price of a second-hand car? Will it be the following? * Age of car: The age is likely to have a big factor on the second-hand price, because the car is likely to have been used more. The engine is likely to be in a weaker condition, resulting in the car becoming weaker. It is likely to have a lower second hand price if the car is older. * Model and make of car: The make and model of a car is likely to be another factor, because they could reveal the owner's personality. If the car is a famous model or make it is likely to have a higher second hand price. E.g. A Porsche can say that the owner is very wealthy and a Ford could say that the owner is reliable. * Mileage of car: The mileage says how many miles the car has been driven. If the mileage is high the car is likely to have been used up more, which means that the car may be in a weaker condition. If the mileage is low, the selling price is likely to be higher. * Engine capacity: The engine capacity is very important. The higher the engine capacity, the faster the car. Most people would like to have a fast
Why is Ford more successful than Vauxhall?
Why is Ford more successful than Vauxhall? For my piece of coursework I will be looking at why the motor company Ford is more successful than Vauxhall? To find out if this is correct I will be using different information about each company to find out how much profit and how much annual turn over each company produces. Both companies are private limited companies which means the public can buy shares but by only the permission of the other shareholders. The shareholders are involved in decisions about the company, (i.e. the opening of a new plant abroad). Ford is a well-known company with 130 Ford plants worldwide where Vauxhall only has 20 worldwide plants. Both motor companies are involved in motor sport, Ford involved in Rally sport and Formula 1, and Vauxhall involved in NASCAR and Touring Cars. Ford also owns a wide range of companies including Aston Martin, Volvo, Jaguar, Mazda, Lincoln, Mercury and Land Rover. Were Vauxhall are owned by GM motors who own other motor companies. Ford has a wide range of models covering every market sector available, where Vauxhall only has a handful of the market sector covered. Ford models include the: Focus, Mondeo, Fiesta, KA, Explorer, Galaxy, Fusion, Maverick, Transit Van and including 20 more cars available in the USA. Vauxhall models include: Vectra, Corsa, Omega, Combo and 10 more cars available in Europe. With Ford covering
Vauxhall Riots
English I Ms. Campbell Edward Tamsberg Oct. 8, 2002 Notes on Vauxhall On the last night at Vauxhall there is always a riot. Why? Everyone seems to know it is coming, or am I mistaken? Could it simply be that all law-enforcement and staff of the garden are simply not told and that they have yet to pick up on the fact that there is a destructive, annual tradition? Wait- what am I saying? The police and grounds-keepers are probably all involved in the riot. Why? Why destroy the place you go to have fun for an evening? Why torch the booth in which you ate dinner? Isn't Vauxhall supposed to be a place of relaxation and enjoyment? Clifford Geertz makes the theory in his work "Deep Play: Notes on a Balinese Cockfight" that certain events and places in our society hold cultural significance. Perhaps it is just a place to let go. Society and life are often the two snakes that choke the life from the everyday man. Where do those with angst and aggression find release in a society that's morals and ethics bind a man so tightly he can not help but feel strong resentment to it? In Vauxhall. It was a place of pure escapism. A place where all people could let go of where God had put them, if not entirely, and feel the equality of all men because every one of us lives and therefore feels all the same burdens in life. Why else do you burn such a place; a place you need and hate? The
"Used Cars" Statistics Coursework
Maths - Handling Data Coursework Used Cars Plan & Introduction In my data handling coursework, used cars. I am going to investigate the effects of used car selling prices. I will do this by putting the data in to a scatter graph. With the data I am going to determine whether my hypotheses are right. If not I will then try to discover the problem. My data will be collected completely random, I will compose my data by selecting it on a calculator, using the random button. From my data I will be analyzing Mileage & Age. I will also look at price depreciation and the mean price depreciation. Hypothesis . The Older the car, the cheaper it will be. I think this because the value of cars will go down in age. 2. The more the car has traveled, the cheaper it will be. I think this because a car becomes less efficient the more it has been driven. Although I believe my hypothesis to be true, there could be outliers. The outliers could be due to rare models that go higher in price. Or there is a missing data value. I will determine these from my results. Collection of Data Car Make Model Price Price Age Mileage no. New Used 6 Suzuki Liana 0010 4340 4 0010 20 Ford Fiesta 95-99 7695 755 1 0000 22 Audi A2 4237 7100 6 20000 30 Mercedes E-Class 2000 32867 24435 4 73000 33 Seat Arosa 7025 560 9 0000 43 Mazda Demio 0590 920 8 71000
My task for this coursework is to statistically analyse the data given to me regarding Gary's used car sales. I shall begin with looking at the data.
My task for this coursework is to statistically analyse the data given to me regarding Gary's used car sales. I shall begin with looking at the data. The following data was given to me. No. Price Price when New Age Make Mileage Engine Size £6,970 £11,600 3 Ford 24,000 .6 2 £3,350 £7,100 7 Peugeot 85,000 .1 3 £3,995 £13,800 6 Ford 52,000 2.0 4 £5,300 £16,300 6 Vauxhall 70,000 2.0 5 £6,500 £8,700 3 Fiat 24,000 .2 6 £1,500 £8,700 9 Vauxhall 82,000 .6 7 £995 £8,500 9 Ford 02,000 .8 8 £3,000 £10,400 7 Vauxhall 63,000 .7 9 £7,495 £9,770 Vauxhall 8,000 .4 0 £850 £7,540 0 Ford 24,000 .6 1 £5,595 £11,000 4 Ford 41,000 .6 2 £4,995 £9,880 3 Ford 34,000 .4 3 £5,595 £14,000 4 Ford 55,000 .6 4 £4,995 £11,500 4 Rover 40,000 .4 5 £2,600 £12,000 7 Rover 82,000 .6 6 £1,000 £6,200 0 Peugeot 19,000 .1 7 £750 £5,100 1 Peugeot 96,000 .0 8 £1,350 £9,140 8 Ford 08,000 .6 9 £2,950 £17,750 8 Ford 96,000 2.9 20 £3,250 £9,990 7 Vauxhall 86,000 .6 21 £5,650 £11,150 3 Vauxhall 34,000 .6 22 £4,600 £7,300 2 Rover 7,000 .1 23 £5,400 £7,300 Rover 1,000 .1 24 £4,800 £7,300 Rover 26,000 .1 25 £2,700 £13,000 5 Fiat 51,000 2.0 26 £11,000 £13,800 Peugeot 9,000 .8 27 £2,800
What factors affect the prices of used cars?
AIM To investigate the factors that affect the price of second hand cars and the extent to which they do, using information made available on a database about various makes of used cars. HYPOTHESIS I predict the following factors will affect the price of second-hand cars as explained below: Make I think that the make of a car affects its second hand value because different companies make different cars. These companies make cars that differ in quality, style, prestige, etc, to other manufacturers, which obviously affects their price. It is this value that depreciates a certain percent every year according to the cars desirability and how well the car has been made. For example the second hand price of a BMW is unlikely to be the same as that of a Fiat. Age As I have mentioned before, every year a car loses a certain percentage of its value. The amount a car depreciates every year depends upon the make of the car. The older the car is, the more it has depreciated and the cheaper it is (and vice versa). Therefore, the age of the car affects its second hand value because the older a car gets, the cheaper it gets as opposed to relatively newer cars. Colour Everybody wants the car that they are going to spend money on to be the colour that they want. There are some colours that most people would like or wouldn't mind (e.g. silver), but on the other hand, there are some
In this project we have been given a large amount of data on used cars to work with, and our aim is to analyse this and investigate any possible correlations between cost and other factors given.
Maths Coursework - Used Car Data Investigation Plan In this project we have been given a large amount of data on used cars to work with, and our aim is to analyse this and investigate any possible correlations between cost and other factors given. Brainstorm I have brainstormed all the possible factors affecting the cost of a second hand car below. From these I will select 3 in which to study in detail. * Mileage * Age * Condition * Fuel * Make * Air conditioning * Insurance group * Number of owners * Engine size * Service * MPG * Central locking * Length of MOT * Airbags I will be investigating mileage, age and make of car, primarily because it is easy to gain extra data from other sources on these three, but also because there are possible correlations not only with cost, but also between the three factors I have chosen. Hypothesis I have a number of hypothesise which I will explore in this project: * As mileage increases, the price of the car will decrease * As age of the car increases, the price of the car will also decrease * The make of the car will carry higher or lower prices depending on the make; some makes will cause prices to be higher, others will cause prices to be lower. What I will do in this project To begin with, I will look at the list I have been given in a general manner, by conducting a brief search through the list, looking at