Managerial Statistics Report

Business Report Final Project : Bryant /Smith Manual Case 7

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Date Executive Summary

The research was conducted in order to determine the factors that affect the selling price of Ford Mustang . In addition , the research was conducted to create a model that will predict the selling price of Ford Mustang . The test was conducted with a sample of 35 Ford Mustang cars and its corresponding car data . The analysis was done with the use of independent samples t-test and one-way analysis of variance to determine differences in

the mean selling price between different categories . On the other hand , multiple regression analysis was conducted to determine the factors that affect the selling price of Ford Mustang and to create a model that will predict the selling price of the Ford Mustang . After conducting the analysis , the researcher has found out several significant results . The researcher found out that there is a significant difference in selling price between convertible and non-convertible Ford Mustangs (t -2 .41

0 .0216 ) and in the selling price between GT model Ford Mustangs and non-GT model Ford Mustangs (t -2 .30

0 .0279 . The researcher also found out convertibility (t 6 .839

0 .001 , age (t -9 .597

0 .001 ) and GT type (t 5 .525

br 0 .001 ) of the Ford Mustang affects the selling price of the car . And lastly , the researcher created a significant model that can predict the selling price of the Ford Mustang (F 53 .35...