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Determining Vehicle Price Relationship using Mathematical and Statistical Tools

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Old 12-06-14, 04:40 PM   #1
Blackraven
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Default Determining Vehicle Price Relationship using Mathematical and Statistical Tools

For the number crunchers and technical analysts here in our forum, here's something that may interest you.

http://www.pearsonhighered.com/kuipe...uiper_Ch03.pdf

This textbook chapter will discuss on how MULTIPLE REGRESSION models are used to determine the relationship between vehicles prices of Year 2005 General Motors vehicles in relation to its characteristics (e.g. features, engine size, weight, color, presence/absence of airbags, etc.)

If you feel like crunching some numbers and inputting some formulas, then this is for you.

The automobile industry is not just about needs and wants.........but that there is a science and a systematic and logical process that is involved with it as well =)
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