Carlo Crema has a van that he uses for collecting fresh ingredients from markets and directly from his market gardener friends. He also uses it occasionally for deliveries. Unfortunately his old van needs major maintenance, and spare parts are difficult to procure. Carlo’s mechanic has advised him that he really needs to replace the van, and has recommended that Carlo look at the Citroën Berlingo. The Berlingo is small, and just ideal for Carlo’s needs. It comes with an economical 4 cylinder (1.4 or 1.6 litre) engine. A new Berlingo would cost about $25 000. For this purpose, we analyze the data on 30 observations based on the information related to its price, year of manufacture and the number of kilometers on the odometer. To be specific, in this report, I will use both the techniques – tabular and graphical representation. We will first understand the nature of some of the key variables some of the variables and analyze them individually. I will run some descriptive statistics to see how best these variables fit the analysis. Before we go deeper into the analysis, we will first understand the price distribution of the berlingo data. Please download the attached file.
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