Investigating How the Prices of Used Cars Vary From New Cars
PLAN
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I am going to investigate how the prices of used cars vary from new
cars. I am going to sample all the cars that are two years of age and
under and compare it with cars that are in the range of five to eight
years old. I am going to compare two different cars makes with each
other and I am also going to sample out all of the cars with the
mileage of 70,000 and less and compare it the price of the cars with
the mileage of more than 70,000.
I will plot the prices of cars on different graphs, draw a line of
best fit and compare it with the others. So I will have three
different types of graphs that are going to be age against price, make
against the price and mileage against the price.
I collected the following data for my coursework:
No.
Present Price
Price when New
Age
Make
Mileage
Engine Size
1
£6,970
£11,600
3
Ford
24,000
1.6
2
£3,350
£7,100
7
Peugeot
85,000
1.1
3
£3,995
£13,800
6
Ford
52,000
2.0
4
£5,300
£16,300
6
Vauxhall
70,000
2.0
5
£6,500
£8,700
3
Fiat
24,000
1.2
6
£1,500
£8,700
9
Vauxhall
82,000
1.6
7
£995
£8,500
9
Ford
102,000
1.8
8
£3,000
£10,400
7
Vauxhall
63,000
1.7
9
£7,495
£9,770
1
Vauxhall
test. I will test these using a given data set. If I need to take more
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“Encyclopedia Smithsonian: Early Cars: Fact Sheet for Children.” Encyclopedia Smithsonian: Early Cars: Fact Sheet for Children. N.P., n.d. Web. 15 Feb. 2014.
61/100´30 = 18, so 18 cars out of 100 cars of medium engine cars will
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