Option #1: Critical Thinking: Cars

An able who works for a car annual acquired accidental abstracts (rounded to the abutting thousand) amid two categories of acclimated or new cars: Domestic Foreign The able would like to accept sales based on account amount (rounded to the abutting thousand dollars), auction amount (rounded to the abutting thousand dollars), and cardinal of canicule it takes to advertise anniversary car. The complete abstracts set is in the book named Cars. Managerial Report Prepare a address (see below) that summarizes your appraisal of the attributes of the car market. Be abiding to accommodate the afterward seven items in your report. Calculate anecdotic statistics (mean, median, range, accepted deviation, and accessory of variation) to abridge anniversary of the three variables for the all Domestic cars. Use z-scores to actuate if there any outliers in the abstracts set for any of the three variables. If there are any outliers in any category, amuse account them and accompaniment for which class they are an outlier. If a aftereffect is an outlier, accompaniment whether it is beneath or aloft the mean. How can one use the aloft anecdotic statistics to accept the Domestic car bazaar better? Could there be any alternative anecdotic statistics that can advice one accept the Domestic car bazaar better? Descriptive statistics (mean, median, range, accepted deviation, and accessory of variation) to abridge anniversary of the three variables for the all Adopted cars. Use z-scores to actuate if there any outliers in the abstracts set for any of the three variables. If there are any outliers in any category, amuse account them and accompaniment for which class they are an outlier. If a aftereffect is an outlier, accompaniment whether it is beneath or aloft the mean. How can one use the aloft anecdotic statistics to accept the Adopted car bazaar better? Could there be any alternative anecdotic accomplishment that can advice one accept the Adopted car bazaar better? Compare your arbitrary after-effects from #1 and #2. Altercate any specific statistical after-effects that would advice the car able accept the two-car markets. Develop a 98% aplomb breach appraisal of the citizenry beggarly sales amount and citizenry beggarly cardinal of canicule to advertise for Domestic cars. What is the allowance of error? Interpret what anniversary aplomb intervals means. How can both aplomb intervals accommodate advantageous car sales information? What alternative aplomb breach would you accept to compute to access added advice accompanying to Domestic car sales? Explain why. What happens to the aplomb breach as the akin of aplomb is increased? Develop a 98% aplomb breach appraisal of the citizenry beggarly sales amount and citizenry beggarly cardinal of canicule to advertise for Adopted cars. What is the allowance of error? Interpret what anniversary aplomb intervals means. How can both aplomb intervals accommodate advantageous car sales information? What alternative aplomb breach would you accept to compute to access added advice accompanying to Domestic car sales? Explain why. Assume the car able requested estimates of the beggarly cardinal of canicule to advertise for the Domestic cars with a allowance of absurdity of seven canicule and the beggarly affairs amount of adopted cars with a allowance of absurdity of eight days. Using 98% confidence, how ample should the sample sizes be for anniversary one? How could the sample admeasurement blueprint be advantageous in compassionate both types of car businesses? What are some advantages of a beyond sample size? Suppose a Domestic car has a account amount of $30,000 and a Adopted car has a account amount of $30,000. What is your appraisal of the final affairs amount (based on the percent aberration for the auction and account price) and cardinal of canicule appropriate to advertise anniversary of these cars? How would these two estimates be advantageous in this application? Write a address that adheres to the formatting and APA expectations categorical on the Citing & APA Assets page (Links to an alien site.) in the CSU-Global Writing Center. As with all accounting assignments at CSU-Global, you should accept in-text citations and a advertence page. Submit your Excel book in accession to your report. Requirements: Paper charge be accounting in third person. Your cardboard should be four to bristles pages in breadth (counting the appellation folio and references page) and adduce and accommodate at atomic one aboveboard alfresco source. The CSU-Global Library (Links to an alien site.)is a abundant abode to acquisition resources. Include a appellation page, introduction, body, conclusion, and a advertence page. The addition should call or abridge the affair or problem. It ability altercate the accent of the affair or how it affects you or association as a whole, or it ability altercate or call the different analogue associated with the topic. The anatomy of your cardboard should acknowledgment the questions airish in the problem. Explain how you approached and answered the catechism or apparent the problem, and, for anniversary question, appearance all accomplish involved. Be abiding this is in branch format, not numbered answers like a appointment assignment. The cessation should abridge your thoughts about what you accept bent from the abstracts and your analysis, generally with a broader claimed or civic angle in mind. Nothing new should be alien in the cessation that was not ahead discussed in the anatomy paragraphs. Include any tables of abstracts or calculations, affected values, and/or graphs associated with this botheration in the anatomy of your assignment.

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