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Used car buyers might expect the price they pay to be related to the quality rat

ID: 3127127 • Letter: U

Question

Used car buyers might expect the price they pay to be related to the quality rating for the condition of the car (Average, Good, Excellent) as evaluated by the car dealer. Listed below are the Excel Data Analysis results for 1.60 purchases In this scenario the factor is the quality rating, the three treatments are Average, Excellent, and Good, the experimental units are the 160 cars, and the dependent variable is the price paid for the car the three factors are Average, Excellent, and Good, the experimental units are the 160 cars, and the dependant variable in the price paid for the car. The treatments are the 160 cars, the factor is the quality rating, and the dependant variable is the None of the above.

Explanation / Answer

answer :

in this scenario

the 3 factors are average, excellent and good the experimental units are the 160 cars and the dependent variable is the price paid for the car

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