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MAT10251 Statistical Analysis : Assignment

   

Added on  2020-04-15

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MAT10251 STATISTICAL ANALYSIS 1MAT10251 STATISTICAL ANALYSISPROJECT - PART ANameCourse NumberDateFaculty Name
MAT10251 Statistical Analysis : Assignment_1
MAT10251 STATISTICAL ANALYSIS 2MAT10251 Statistical AnalysisSample 7LETTER21st November 2017Dear Relative, I am happy to inform and advise you about the prices of Holden Commodore (6-cylinder)produced in either 2014 or 2015 and has been used for the last 2 or 3 years in Queensland State. To fully address your question on the best car used for 2 to 3 years and related in either2014 or 2015, I collected information about cars with these characteristics and analyzed toprovide the best advice for this concern. The prices of the car will depend on other variousfactors such as the Kilometers driven, the transmission type, colour and the seller. Overlookingall these factors, I will focus on the prices of 2014 & 2015 and specifically those used for 2 to 3years. Therefore, based on this information, I will be able to confirm the average, range,minimum and maximum price of a Holden Commodore (6 cylinders) in Queensland state. Thesample was obtained randomly, which makes the results generalizable to the entire population inquestion. Therefore, an acceptable probability of around 5% might lead to the wrong pricespecifications. Below is a histogram for the price ranges in 2014 and 2015 for HoldenCommodore cars used for 2 to 3 years in Queensland.
MAT10251 Statistical Analysis : Assignment_2

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