#### Used Cars Price - Mathematics - Use the information to investigate what influences the price of a second hand car.

Used Cars Price Mathematics Use the information to investigate what influences the price of a second hand car. Introduction: The assignment I have been set, is to investigate what influences the price of a second hand car. I will complete the assignment, by interpreting the information of 100 cars that I have been given, also taking into account what categories are best to use when buying a second hand car. The method I will be using to find out what influences the price of a second hand car is; The random selection process. The random selection process is the best method to get this type of data organised, as it can randomly chose 30, or how ever many cars you want work with. This process requires the use of a calculator, so the data can be randomly chosen for us to then move on to interpreting it. Randomly selected cars: RANDOMLY SELECTED CARS 53 97 32 33 49 44 84 47 86 34 91 66 57 23 43 51 4 36 38 5 22 73 2 58 24 85 1 27 41 In the table above, are all the randomly selected numbers I have collected, and with this new data I can match the numbers up to the cars and write down what randomly selected vehicles I have been acquainted with. RANDOMLY SELECETED CARS 53 Ford escort 97 Vauxhall astra 32 Rover 314i 33 Ford fiesta 49 Daewoo nubira 44 Nissan micra 84 Vauxhall corsa 47 Vauxhall astra 86 Ford fiesta 34 Fiat tempra 91

• Word count: 764
• Level: GCSE
• Subject: Maths

#### "The price of a silver used car will be higher then that of red and blue used cars"

Hypothesis 1 "The price of a silver used car will be higher then that of red and blue used cars" The Price of a used car is affected by the colour. I think that the colour of the car will distinguish different sets of prices. For example, red car prices may be higher than green cars because they are more common. The colours I will be comparing are blue, red and silver, as I feel that they are the most common car colours. I think that silver cars will have the highest range of car prices, because after researching in the 'Auto Trader' section of the local paper, I have discovered silver is the most common colour of cars, followed by blue. This means, on the other hand it is likely that red cars will have the lowest range of prices. Mercedes A140 Classic 0999 red Fiat Bravo 3495 red Rover 820 SLi 3795 red Rover 14 Sli 2495 red Fiat Uno 495 red Vauxhall Cavalier 850 red Volkswagen Golf 3695 red Ford Fiesta 495 red Renault Clio 495 red Ford Escort Duet 2300 red Vauxhall Corsa 4995 silver Rover 416i 3795 silver Daewoo Lanos 5999 silver Seat Ibiza 795 silver Fiat Tempra 295 silver Hyundai Sonnata 195 silver Ford Puma 8250 silver Peugot 206 7500 silver Peugot 406 7500 silver Mercedes Elegance 7500 silver Nissan Micra 3999 blue Renault Megane 4999 blue Vauxhall Vectra 6499 blue Mitsubishi

• Word count: 742
• Level: GCSE
• Subject: Maths

#### Use given secondary information to investigate what influences the price of a second hand car.

Aim My aim for this investigation is to use given secondary information and to investigate what influences the price of a second hand car. Hypothesis Does the engine size of the different cars throughout my data have an effect on the cars price? Does the age of any car have an effect on the car's price? Would the amount of mileage done on specific cars have an effect on their price? Prediction Factor 1 I predict that the engine size of the car will have an effect on the cars price because the bigger the engine then the greater the price depreciation will be over a certain period of time. Factor 2 I also predict that as the mileage increases on the car the second hand price will decrease. Generally as time moves on, the mileage will increase, and the cars with the most mileage will depreciate more in price than the cars with less mileage. Factor 3 The age of the car I also feel will have an influence on the car's price, obviously if the car is older the price depreciation will be higher, if the car is newer the price depreciation will be lower. Plan Out of 100 cars that were given to me, I'd randomly select 36 cars. I'd select 36 because than later when the pie charts would need to be drawn it would be easier to work out the angles. There may be a need to research extra data if there is need to make the investigation fair, accurate and not bias. After

• Word count: 717
• Level: GCSE
• Subject: Maths

#### Regional distribution centre report.

Regional Distribution Centre Report Introduction: My company that I work for is currently expanding and has recently opened several new superstores on the outskirts of large urban areas. The existing distribution centers, which supply stores, are finding it difficult to meet the increased demand. So, the company has decided to set up a new distribution centre in an area, which has a mixture of old supermarkets and new superstores. Mileage: Mileage is one of the most important factors on this survey and research that I am doing and Prime thing that I have to look for is how far it is from the motorways and the supermarkets. In my opinion location C has got the best mileage and the one with the least mileage is D. Accessibility: Accessibility is not as important as mileage but it is still a convenient factor of the research and has to be considered very deeply. If the place has plenty of doors and garages, then it would be more convenient than a store with less doors and garages for the trucks or lorries to take our stock to the superstore. The best one again is location C and the worst one again is location D. But we have to remember that some locations are better at other things than at some things. Suitable Land: Land is vital for the company because we need lots of space for our staff to store the products from our regional distribution centre.6 acres would be good

• Word count: 698
• Level: GCSE
• Subject: Maths

#### In my investigation I will be trying to find out the average loss of money from 1st hand, to 2nd hand as the age of the car go up.

Introduction In my investigation I will be trying to find out the average loss of money from 1st hand, to 2nd hand as the age of the car go up. What I will do to find this out is to firstly separate them into colour and the cars which have the same number I will be looking at. When I find the most popular car I will be looking at it more closely to see how the prices of the cars change. I was given with a sheet of paper with lots of different pieces of data on such as car prices when new and second hand the mileage how old the car was what colour it was and also the make of the car. What I had too do is only look at two or three things and I had too look at the closely and I would had to compare something to another thing or why something changes. Like when you do more miles in the car the car price goes down and I would have to find an explanation for that. Aims Here I am going to be looking at the different sorts of colours of cars. What I wasn't to find out is which colour is the most popular out of all of them. My survey will be out of 100 because there are one hundred cars in my survey All my data will showed in a tally and pie chart. The colours that are in my tally are black, red, white, blue, green, marine, white, silver, nightfire, grey, aubergine, purple, cuirass, tourmaline, burgundy and gold. Hypothesis In this experiment I will think that you will get

• Word count: 617
• Level: GCSE
• Subject: Maths

#### To find out what affects the prices of used cars - I will be looking at the two different variables age and mileage to find out if they effect the prices of used cars.

Aim To find out what affects the prices of used cars. I will be looking at the two different variables age and mileage to find out if they effect the prices of used cars. Hypothesis I think that the mileage has a lot to do with the price of cars and I feel there will be a lot of positive correlation because in my experience of cars the higher the mileage the lower the price. As the mileage, increase the price decrease. Also I believe that the cars age will have more effect than the mileage on the price because as the average age for car increase the price decrease. I think that this is because if the car is old or it has a high mileage then it is more likely to need service. Method My first part of investigating was to look at the data sheet. Then think of the way I would do the sampling I had three different ways in which I could have done my sampling in stratified, which is a sample in which the population randomly sampled. Anther one is random sampling which is choosing sample at random Lastly, selective sampling which is a selective sample is one which every nth term is chosen where n is chosen at random. I considered all three, I chose selective sampling because it s the easiest, and would see a pattern more easily, I chose the every fourth car on the data sheet and looking at the age and mileage price. Than I put all my selective data in a table and found out

• Word count: 599
• Level: GCSE
• Subject: Maths

#### Ford&#146;s Pricing Strategy.

Ford's Pricing Strategy. Background Ford Motor Company may be the world's No. 1auto makers, but they seem to have run out of gas in Europe. They are steadily losing market share and are marginally profitable at best. Ford showed just how bad things were on February 18th when it launched a drastic restructuring programme. This resulted in layoffs and plant closings, the company also slashed its European production capacity by up to 25%--or 525,000 cars a year. Fords Aim We are a global, diverse family with a proud heritage passionately committed to providing outstanding products and services that improve people's lives. Our Values. The customer is number one. We do the right thing for our people, our environment and our society. By improving everything we do, we provide superior returns to our shareholders. Problems within company The American giants have a lot of catching up to do, as most Europeans want cars that are small, stylish, and affordable. In a market that includes 27 carmakers, they have plenty of choices. And although Europeans bought a record 16.5 million cars and trucks last year, that was still 3.5 million units below production capacity. In that cut-throat environment, not everyone is going to survive. Adam Opel's subcompact \$10,000 Corsa and Ford's \$12,000 Fiesta, while small and affordable, lack the seductive styling of offerings from

• Word count: 583
• Level: GCSE
• Subject: Maths

#### The Ford Motor Company - what is does.

|WHAT THE FORD MOTOR COMPANY DOES The Ford Motor Company is a franchise business. As a Franchise company the ford motor company gets the benefit of the franchisor's expertise in marketing and operating. The ford motor company therefore has the responsibility of running the business on a day-to-day basis and can keep most of the profits however the ford motor company must raise most of the capital and pay an initial licensing fee to the franchisor. BENEFIT OF THE FORD MOTOR COMPANY BEEN A FRANCHISE -There is less risk than starting the ford motor company as a sole trader and a higher survival rate over the first five years. -Selling a known name to the public -Advice, guidance and expertise from the franchisor. -fewer decisions to make in operating the business. -Most of the profit is retained by the business owners. Vision The ford motor company's vision is simply to be the world's leading consumer company for automotive products and services. People are at the heart of our vision and we strive to improve the quality of peoples' lives through progress. That's the true story of Ford - in the beginning, now and always. Mission They also see their selves as a global, versatile family with a proud heritage. We have a passion that drives us to create excellent products and services that our customers welcome, both now and in the future. Values At Ford, people come

• Word count: 570
• Level: GCSE
• Subject: Maths

#### "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

• Word count: 556
• Level: GCSE
• Subject: Maths

#### Used Car PricesCourse Work Some of the factors which affect the price of a used car Age, Mileage, MPG, Colour, Engine Size

Used Car Prices Course Work Some of the factors which affect the price of a used car Age, Mileage, MPG, Colour, Engine Size, Fuel, Service History, Number of previous owners etc. I am going to concentrate on the following areas:- . Make - The manufacturers of the car e.g. ford, Mercedes etc. I think this affects the price of a used car because the price of the car when it is second hand depends on the popularity of that car, or whether the car is rare or not. For example I would expect a Bentley TurboR to go for more than a Ford Mondeo. 2. Age - I would expect older cars to go for less than newer ones because the older the car the less life it had left in it. 3. Mileage - I would expect a car with a lot of miles on it to be worn down a lot more than a newer one. Therefore I would expect it to go for a lot less than one with fewer miles on it. 4. Engine Size - I think that cars with a bigger engine have a tendency to be more appealing than cars with small engines. For example a 2.3 litre Volkswagen golf would go for more than a 1.6 litre Volkswagen golf 5. Colour - Sportier cars have a tendency to be painted fiery red or very intense bright yellow and they tend to appeal to younger boy racers. These tend to have very high insurance groups

• Word count: 257
• Level: GCSE
• Subject: Maths