Question: Data Sheet: Car Size Price ($) Cost/Mile Road-Test Score Predicted Reliability Value Score Toyota Corolla (base, manual) Small Sedan 16,419 0.44 70 4 1.99 Mazda3
Data Sheet:
| Car | Size | Price ($) | Cost/Mile | Road-Test Score | Predicted Reliability | Value Score |
| Toyota Corolla (base, manual) | Small Sedan | 16,419 | 0.44 | 70 | 4 | 1.99 |
| Mazda3 i Touring (manual) | Small Sedan | 18,895 | 0.50 | 74 | 5 | 1.94 |
| Toyota Corolla LE | Small Sedan | 18,404 | 0.47 | 71 | 4 | 1.89 |
| Mazda3 i Touring | Small Sedan | 19,745 | 0.52 | 70 | 5 | 1.82 |
| Hyundai Elantra GLS | Small Sedan | 18,445 | 0.53 | 80 | 3 | 1.64 |
| Nissan Sentra 2.0 SL | Small Sedan | 20,150 | 0.57 | 74 | 4 | 1.51 |
| Kia Forte Sedan EX | Small Sedan | 19,040 | 0.57 | 71 | 3 | 1.32 |
| Ford Focus SE | Small Sedan | 20,280 | 0.52 | 68 | 2 | 1.30 |
| Ford Fiesta SE | Small Sedan | 16,595 | 0.47 | 61 | 2 | 1.25 |
| Volkswagen Jetta SE (2.5) | Small Sedan | 20,300 | 0.54 | 60 | 3 | 1.24 |
| Volkswagen Jetta TDI | Small Sedan | 25,100 | 0.50 | 68 | 2 | 1.18 |
| Chevrolet Cruze LS (1.8) | Small Sedan | 18,375 | 0.57 | 67 | 1 | 0.96 |
| Chevrolet Cruze 1LT (1.4T) | Small Sedan | 20,530 | 0.60 | 69 | 1 | 0.91 |
| Nissan Altima 2.5 S (4-cyl.) | Family Sedan | 23,970 | 0.59 | 91 | 4 | 1.75 |
| Kia Optima LX (2.4) | Family Sedan | 21,885 | 0.58 | 81 | 4 | 1.73 |
| Subaru Legacy 2.5i Premium | Family Sedan | 23,830 | 0.59 | 83 | 4 | 1.73 |
| Ford Fusion Hybrid | Family Sedan | 32,360 | 0.63 | 84 | 5 | 1.70 |
| Honda Accord LX-P (4-cyl.) | Family Sedan | 23,730 | 0.56 | 80 | 4 | 1.62 |
| Mazda6 i Sport (4-cyl.) | Family Sedan | 22,035 | 0.58 | 73 | 4 | 1.60 |
| Hyundai Sonata GLS (2.4) | Family Sedan | 21,800 | 0.56 | 89 | 3 | 1.58 |
| Ford Fusion SE (4-cyl.) | Family Sedan | 23,625 | 0.57 | 76 | 4 | 1.55 |
| Chevrolet Malibu LT (4-cyl.) | Family Sedan | 24,115 | 0.57 | 74 | 3 | 1.48 |
| Kia Optima SX (2.0T) | Family Sedan | 29,050 | 0.72 | 84 | 4 | 1.43 |
| Ford Fusion SEL (V6) | Family Sedan | 28,400 | 0.67 | 80 | 4 | 1.42 |
| Nissan Altima 3.5 SR (V6) | Family Sedan | 30,335 | 0.69 | 93 | 4 | 1.42 |
| Hyundai Sonata Limited (2.0T) | Family Sedan | 28,090 | 0.66 | 89 | 3 | 1.39 |
| Honda Accord EX-L (V6) | Family Sedan | 28,695 | 0.67 | 90 | 3 | 1.36 |
| Mazda6 s Grand Touring (V6) | Family Sedan | 30,790 | 0.74 | 81 | 4 | 1.34 |
| Ford Fusion SEL (V6, AWD) | Family Sedan | 30,055 | 0.71 | 75 | 4 | 1.32 |
| Subaru Legacy 3.6R Limited | Family Sedan | 30,094 | 0.71 | 88 | 3 | 1.29 |
| Chevrolet Malibu LTZ (V6) | Family Sedan | 28,045 | 0.67 | 83 | 3 | 1.20 |
| Chrysler 200 Limited (V6) | Family Sedan | 27,825 | 0.70 | 52 | 5 | 1.20 |
| Chevrolet Impala LT (3.6) | Family Sedan | 28,995 | 0.67 | 63 | 3 | 1.05 |
| Lexus ES 350 | Upscale Sedan | 38,615 | 0.77 | 91 | 5 | 1.45 |
| Acura TL (base) | Upscale Sedan | 36,465 | 0.75 | 82 | 5 | 1.41 |
| Lexus IS 250 | Upscale Sedan | 33,734 | 0.75 | 84 | 5 | 1.40 |
| Infiniti G25 Journey | Upscale Sedan | 34,225 | 0.73 | 86 | 4 | 1.37 |
| Lexus HS 250h Premium | Upscale Sedan | 38,939 | 0.75 | 83 | 4 | 1.36 |
| Acura TSX (4-cyl.) | Upscale Sedan | 29,675 | 0.67 | 84 | 3 | 1.35 |
| Infiniti G37 Journey | Upscale Sedan | 37,225 | 0.79 | 95 | 4 | 1.33 |
| Toyota Avalon Limited | Upscale Sedan | 35,485 | 0.73 | 86 | 3 | 1.27 |
| Hyundai Genesis 3.8 | Upscale Sedan | 39,850 | 0.78 | 92 | 3 | 1.22 |
| Volvo S60 T5 | Upscale Sedan | 35,100 | 0.76 | 77 | 4 | 1.18 |
| Nissan Maxima 3.5 SV | Upscale Sedan | 33,700 | 0.78 | 83 | 3 | 1.17 |
| Buick Regal CXL (2.4) | Upscale Sedan | 28,840 | 0.65 | 77 | 2 | 1.14 |
| Lincoln MKZ | Upscale Sedan | 37,160 | 0.80 | 77 | 4 | 1.12 |
| BMW 328i | Upscale Sedan | 39,175 | 0.79 | 77 | 3 | 1.10 |
| Audi A4 Premium Quattro | Upscale Sedan | 35,895 | 0.76 | 76 | 3 | 1.08 |
| Ford Taurus Limited | Upscale Sedan | 34,980 | 0.78 | 73 | 3 | 1.07 |
| Buick Regal CXL (turbo) | Upscale Sedan | 32,135 | 0.71 | 79 | 2 | 1.06 |
| Mercedes-Benz C300 Sport | Upscale Sedan | 37,325 | 0.83 | 77 | 3 | 1.04 |
| Volkswagen CC Luxury (2.0T) | Upscale Sedan | 32,680 | 0.73 | 82 | 2 | 1.04 |
| Saab 9-3 2.0T | Upscale Sedan | 31,615 | 0.70 | 69 | 3 | 1.00 |
| Buick LaCrosse CXS (V6) | Upscale Sedan | 37,555 | 0.81 | 74 | 2 | 0.82 |
Executive Summary
The executive summary is a brief description of your business report, allowing readers to
- understand the problem/opportunity that is being analyzed and reported on
- see the findings and insights that help you solve the problem/opportunity
- learn the strategy you recommend the company follow
For each of these points, a short paragraph.
The executive summary is very important in a business report - it provides a snapshot of all the details shown in the full business report.
Keywords: Use Italics
THIS SECTION MUST BE ON ONE PAGE ONLY!
Title of the Paper
Introduction paragraph
Please give a brief overview of the topic
Question 1
A portion of the Excel output follows.
| Regression Statistics | |||||||
| Multiple R | 0.8707 | ||||||
| R Square | 0.7580 | ||||||
| Adjusted R Square | 0.7485 | ||||||
| Standard Error | 0.0520 | ||||||
| Observations | 54 | ||||||
| ANOVA | |||||||
| df | SS | MS | F | Significance F | |||
| Regression | 2 | 0.4325 | 0.2163 | 79.8884 | 1.93001E-16 | ||
| Residual | 51 | 0.1381 | 0.0027 | ||||
| Total | 53 | 0.5706 | |||||
| Coefficients | Standard Error | t Stat | p-Value | ||||
| Intercept | 0.5231 | 0.0144 | 36.2479 | 4.48609E-38 | |||
| Family-Sedan | 0.1189 | 0.0185 | 6.4157 | 4.55557E-08 | |||
| Upscale-Sedan | 0.2303 | 0.0184 | 12.5400 | 3.33718E-17 | |||
There appears to be a significant relationship between the type of car and the cost/mile. Approximately 75% of the variability in Cost/Mile is explained using the Family-Sedan and Upscale-Sedan variables. Note that for a small sedan, Family-Sedan = 0 and Upscale-Sedan = 0. Thus the estimate of the Cost/Mile for a small sedan is .5231. Note that the Cost/Mile increases by .1189 for a family sedan and .2303 for an upscale sedan. Conclusion: smaller cars have lower five-year owner costs.
Question 2
A portion of the Excel output follows.
| Regression Statistics | |||||||
| Multiple R | 0.9671 | ||||||
| R Square | 0.9353 | ||||||
| Adjusted R Square | 0.9286 | ||||||
| Standard Error | 0.0720 | ||||||
| Observations | 54 | ||||||
| ANOVA | |||||||
| df | SS | MS | F | Significance F | |||
| Regression | 5 | 3.5967 | 0.7193 | 138.8089 | 2.4970E-27 | ||
| Residual | 48 | 0.2487 | 0.0052 | ||||
| Total | 53 | 3.8454 | |||||
| Coefficients | Standard Error | t Stat | p-Value | ||||
| Intercept | 1.3710 | 0.1397 | 9.8163 | 4.6315E-13 | |||
| Cost/Mile | -2.2659 | 0.1938 | -11.6894 | 1.2003E-15 | |||
| Road-Test Score | 0.0111 | 0.0013 | 8.4774 | 4.2227E-11 | |||
| Predicted Reliability | 0.1662 | 0.0104 | 15.9306 | 8.5542E-21 | |||
| Family-Sedan | 0.0228 | 0.0380 | 0.5996 | 0.5516 | |||
| Upscale-Sedan | 0.0681 | 0.0537 | 1.2682 | 0.2108 | |||
Question 3
Family-Sedan and Upscale-Sedan are both not significant. The Excel regression output corresponding to a model using only Cost/Mile, Road-Test Score, and Predicted Reliability follows.
Question 4
| Regression Statistics | ||||||||
| Multiple R | 0.8667 | |||||||
| R Square | 0.7512 | |||||||
| Adjusted R Square | 0.7309 | |||||||
| Standard Error | 0.1397 | |||||||
| Observations | 54 | |||||||
| ANOVA | ||||||||
| df | SS | MS | F | Significance F | ||||
| Regression | 4 | 2.8886 | 0.7221 | 36.9806 | 3.07225E-14 | |||
| Residual | 49 | 0.9569 | 0.0195 | |||||
| Total | 53 | 3.8454 | ||||||
| Coefficients | Standard Error | t Stat | p-Value | |||||
| Intercept | 0.1719 | 0.1840 | 0.9341 | 0.3548 | ||||
| Family-Sedan | -0.2499 | 0.0582 | -4.2948 | 8.24809E-05 | ||||
| Upscale-Sedan | -0.4553 | 0.0576 | -7.9090 | 2.63274E-10 | ||||
| Road-Test Score | 0.0112 | 0.0025 | 4.3800 | 6.23668E-05 | ||||
| Predicted Reliability | 0.1701 | 0.0202 | 8.4018 | 4.67372E-11 | ||||
This regression output shows that the size of the car, as represented by the two dummy variables, is also a significant factor in predicting Value Score. But note that in part (1) the estimated regression equation shows that there is a significant relationship between Cost/Mile and the two dummy variables representing size. So, once the effect of Cost/Mile has been accounted for, any effects that might be due to size have already been incorporated into the model.
Conclusion and Christian Perspective
Give a brief conclusion of the report. Also, provide a Christian Perspective
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