Preview

Business Statistics

Powerful Essays
Open Document
Open Document
3888 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Statistics
-------------------------------------------------
Introduction:

This data set we have been assigned to analyze highlights the fuel-efficiency of the mentioned cars relative to several other variables.

One of the major issues most stressed upon to date is the ever-increasing threat of environmental degradation, global warming, and the need to conserve our scarce natural resources. This has led us to examine the fuel efficiency of cars. With rising gas prices, owning a car can become quite costly, not only eroding the owners disposable income, but also the Earth of its resources. It is not surprising that more and more consumers now desire to change their car, with fuel-efficiency being a major determinant. Since consuming less fuel is an important criterion, we believe that examining the relationship between different variables of cars and fuel-efficiency is a necessary study.

In order to get a true representation of the car population, we have used the data from a sample observing 20,001 cars of various classes, engine sizes, types, makes and models between the years 1978 to 2008. To fully incorporate the impact of weight on fuel efficiency (lurking variable) we also noted down the number of doors, passengers and luggage present in the car. The sample also includes the type of fuel used to see its effect on fuel efficiency.

Our goal will be to analyze the relationship between the transmission of the car, its size (class), the year of manufacture, the number of cylinders and engine displacement and fuel efficiency. Cars that can drive more miles per gallon of fuel used will be the most fuel-efficient. Inversely, cars that consume a lot of fuel will not be fuel-efficient.

Question 1-
-------------------------------------------------
Transmission vs. Fuel Efficiency

In order to analyze the relationship between the transmission cars and fuel efficiency, we look at the following question:

What is the relationship between the transmission of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Fuel efficiency cars are something that we really need in society today. Unfortunately, there are some tradeoffs. For instance to make a car more fuel efficiency manufactures would have to make the car lighter. With the technology we have now, making the cars lighters will make it a little less safe when in car accidents. Also they are at the time more expensive than our regular vehicles we have now. So lighter unsafe cars and more expensive cars are the tradeoffs we have for the more fuel efficient cars that we have as of now.…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    7. Given that diesel cars get much better gas mileage than the typical car, an increase in the price of gasoline would be expected to….…

    • 243 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Lotus Rental Csr

    • 605 Words
    • 3 Pages

    The idea behind the Alternative Fuel Vehicle (AFV) was intended to reduce emissions (generated by burning fossil fuels) that are polluting our air and depleting the ozone. AFV’s also help reduce our dependence on foreign oil (mostly from a highly unstable region of the world). Prior to a decision being made whether or not to alternative fuel vehicles to the fleet of Lotus Rental Cars, we most determine if alternative fuel vehicles are actually a feasible choice. To do this we must first have an understanding of alternative fuel vehicles. Through our research, we have discovered that there are a growing number of alternative fuel vehicles on the road today. Alternative fuel vehicles are defined as any vehicle that can operate on a fuel or power source other than diesel or gasoline. These vehicles come in many different forms, from small commuter cars to larger commercial vehicles. The use of these alternative fuel sources greatly reduces out countries dependency on foreign oil and reduces air pollution caused by CO2 emissions (Gable & Gable, 2009).…

    • 605 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    7. Given that diesel cars get much better gas mileage than the typical car, an increase in the price of gasoline would be expected to…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mgt 521 Final Analysis Paper

    • 2903 Words
    • 12 Pages

    Car aerodynamics of Ford models are being altered to aid in boosting fuel efficiency. Ford has changed the body styles of some of their 2011 to 2013 automobiles to reduce drag with the Active Grille Shutter which reduces CO2 emissions by 2 percent. Through the use of computer simulations and wind tunnels it was proven that five percent better fuel economy was gained. To further study the accuracy of their alterations, Ford is in the process of creating a simulator that tests there aerodynamic changes to real-world conditions.…

    • 2903 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Assignment 2 Worksheet

    • 1017 Words
    • 5 Pages

    I. The relationship between the speed and the gas mileage for a mid size car has been studied using the information above.…

    • 1017 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Diesel Engine Stereotypes

    • 618 Words
    • 3 Pages

    There has always been a history of stereotypes surrounding what kind of car you drive. If you drive a small, fuel efficient, gasoline powered vehicle you can be considered environmentally considerate and practical when it comes to cost savings on gas; whereas driving a diesel-powered truck shows that you do not care about environment with your smoky, loud engine and you can usually be found at a gas station fueling up. However, are the stereotypes correct? With advancement in clean diesel technology, lower costs in overall maintenance and better fuel efficiency as well as a safer, stronger engine, there is a clear advantage within diesel engines.…

    • 618 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    b. The majority of the start-up companies in this set have less than $90 million in venture…

    • 1445 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Final Research Paper

    • 1708 Words
    • 5 Pages

    America’s fleet of vehicles has been solely reliable on fuel until the past 10 years. Today, vehicle companies are competing against each other for the pride of having the greenest car. Many people in the U.S. are happy with the cars they drive. They go fast, they are big, and nothing seems to be out of place. So why should rental cars use alternative fuels? This is the question being asked to Lotus Rental Cars CFO. By performing thorough research, the consultants will first present a comparison between gas vehicles and alternative fuel vehicles. As we progress through this essay, we will explore all the great alternatives modern technology has to offer, and the benefits of each.…

    • 1708 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The purpose of this report is to compare the fuel efficiency, by cost, of three different vehicles using Regular, Mid and Premium grade fuel. The vehicles chosen are a 1996 Mitsubishi Mirage, 2011 Volkswagen Golf, and a 2005 Nissan Xterra. This comparison is estimated by calculating the cost of fuel based on Miles Per Gallon (MPG) for both Highway and City mileage for each vehicle. The MPG for each vehicle is based on information found on the website fueleconomy.gov. The total mileage used is 15,000, assuming 80% highway miles and 20% city miles are driven. MPG fluctuates depending upon variables such as cylinder, liters, and whether the vehicle is a standard or an automatic, therefore, this report recognizes these specifications accordingly along with year/make and model of each vehicle.…

    • 376 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Hybrid Informative

    • 356 Words
    • 2 Pages

    Less pollutant during use – burn less fuel – when being build they were conscious of environmental pollution so they make the vehicles much cleaner…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    “Should we own vehicles that are more fuel efficient” is a question that a lot of people are asking now. And the answer is yes, we should own vehicles that are more fuel efficient to help our environment but there are also reasons why we are unable to own fuel efficient vehicles. This paper will be explaining both sides of this argument about whether we should own more fuel efficient vehicles or not. The arguments that will be covered will be if the pros of buying a hybrid and the cons of buying a hybrid, information about the costs of purchasing a hybrid and the mechanical pros and cons compared to a regular vehicle compared to a hybrid.…

    • 1625 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Let us begin this report by examining how closely related Cost/Mile is to the Size of the car being tested. To do this, a multiple regression analysis was run using Cost/Mile as the dependent variable, and the ‘dummy’ variables Family-Sedan and Upscale-Sedan as independent variables.…

    • 1385 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Hybrid Cars

    • 1500 Words
    • 6 Pages

    Here is an alarming statistic: According to the website GreenerCars.com, the United States is the world’s largest emitter of carbon dioxide. Carbon dioxide is the main greenhouse gas that causes global warming (Open with impact/Gain attention).…

    • 1500 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    The automotive industry is major component of the American economy, but also is a very devastating one, which consumes in large quantities natural resources and generates a lot of waste. This industry contributes pollution with toxic substances and fossil fuels. By knowing the Life cycle implication of a specific design materials are the key point for managing and being able to have decision ? making strategy .The results of the Life cycle analysis of cars provide information on n environmental impact issues. The evaluation of automobiles fueled, new technologies such as electricity and gas units can prove the benefits and decrease the environmental impact. Although none of these alternatives is a clear winner, lowering emissions and improving sustainability is a priority of this industry.…

    • 1018 Words
    • 3 Pages
    Better Essays