Question

The annual fuel cost is an estimate assuming 15,000 miles of travel a year (55% city...

The annual fuel cost is an estimate assuming 15,000 miles of travel a year (55% city and 45% highway) and an average fuel price .

a) what are the individuals data set?
b) For each individuak, what variables are given? which of these variables are categorical, and which are quantitative? in what units are the quantitative measured?
Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer:

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Based on annual driving of 15,000 miles and fuel efficiency of 20 mpg, a car in...
Based on annual driving of 15,000 miles and fuel efficiency of 20 mpg, a car in the United States uses, on average, 750 gallons of gasoline per year. If annual automobile fuel usage is normally distributed, and if 21.77% of cars in the United States use less than 500 gallons of gasoline per year, what is the standard deviation?
The Municipality of a city wants to estimate the daily expenditure of the fuel consumption for...
The Municipality of a city wants to estimate the daily expenditure of the fuel consumption for city’s garbage removal. The city contains a business part and a residential part. City officers believe that, the amount of the fuel Y (in thousands of liters) depends on the weight of the garbage (in Tons) in the two parts of city x1 and x2. A random sample is collected for six days and the data was as follows:                     y           x1             x2 1.4...
Gas Mileage The cost of fuel is largest component of cost of ownership for most vehicles....
Gas Mileage The cost of fuel is largest component of cost of ownership for most vehicles. Fuel cost is (almost) inversely proportional to gas mileage; higher gas mileage means lower fuel cost and vice-versa. If you keep track of the number of miles driven on each tank of gas as well as how much gas is purchased, it is easy to calculate gas mileage; many cell phone apps exist to track this. The data on the second page is the...
The goal is to estimate annual equivalent cost of car ownership. General outline. find a price...
The goal is to estimate annual equivalent cost of car ownership. General outline. find a price quote for a new vehicle, resale price for the same model, annual maintenance cost and gas expenses; assume annual mileage to obtain annual gas expense; time of ownership of two vehicles should not be equal. Some hints. you can use www.edmunds.com, www.canadianblackbook.com or any other website of your choice to choose two cars you wish to compare. You can use the same website to...
Based on information from the Federal Highway Administration web site, the average annual miles driven per...
Based on information from the Federal Highway Administration web site, the average annual miles driven per vehicle in the United States is 13.5 thousand miles. Assume σ ≈ 650 miles. Suppose that a random sample of 36 vehicles owned by residents of Chicago showed that the average mileage driven last year was 13.2 thousand miles. Would this indicate that the average miles driven per vehicle in Chicago is different from (higher or lower than) the national average? Use a 0.05...
Insurance rates depend on such different variables; for example, the city where the user lives, the...
Insurance rates depend on such different variables; for example, the city where the user lives, the number of cars he has and the company in which he is insured. The website www.insurance.ca.gov reports the 2010 annual premium for a man, licensed to drive for 6-8 years, who drives a Honda Accord for 12,600 to 15,000 miles per year and has had no violations no accidents. City GEICO ($) 21st Century Long Beach 2780 2352 Pomona 2411 2462 San Bernardino 2261...
Question A- Keys Company accumulates the following data concerning a mixed cost, using miles as the...
Question A- Keys Company accumulates the following data concerning a mixed cost, using miles as the activity level.                      Miles Driven         Total Cost January            10,000                 $15,000 February            8,000                   13,500 March                9,000                   14,400 April                  7,500                   12,500 Required: Compute the variable and fixed cost elements using the high-low method If it is estimated that 12,000 miles will be drive in May, what is the expected total cost for May?                                                                                                                        (7.5 Marks) B- XYZ Company sells its only product for $40 per unit....
Each of the following scenarios would be described with a regression analysis. State the response variable,...
Each of the following scenarios would be described with a regression analysis. State the response variable, The explanatory variable (S), if any. Be sure to state units were appropriate. We would like to explain the annual salary over employees (in thousands of dollars) which data showing their years of experience and education level (high school, college, or graduate degree). We own a pizza franchise and have data regarding a city’s median income (in dollars), average number of individuals for household,...
1. A city with 4% unemployment and no inflation is considering building a new stadium for...
1. A city with 4% unemployment and no inflation is considering building a new stadium for its professional football team. The team currently plays in an old stadium owned by the city. If a new stadium were to be built, it would cost city $400M (M for million) to demolish the old one and build the new one. The new stadium would be expected to last for 40 years and the city would finance the costs of the project by...
1. A city with 4% unemployment and no inflation is considering building a new stadium for...
1. A city with 4% unemployment and no inflation is considering building a new stadium for its professional football team. The team currently plays in an old stadium owned by the city. If a new stadium were to be built, it would cost city $400M (M for million) to demolish the old one and build the new one. The new stadium would be expected to last for 40 years and the city would finance the costs of the project by...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT