Assignment Summary

Car Prices

Given a dataset and a data dictionary, you will perform a linear regression analysis that predicts the price of cars. The paper needs to be written in APA format and needs to be a minimum of 2 pages. Upload your markdown file as well. Any images that you want to use should be referenced in the appendix. Include responses to the following questions in your submission:

  1. What were the three most significant variables?
  2. Of those three, which had the greatest positive influence on car prices?
  3. How accurate was the model?
Discussion

Primary Prompt:

This scene from Moneyball (Links to an external site.) highlights how statistics can change the strategy used in putting together a winning team. In this case, the target variable was changed from wins to runs, and that changed how management acquired new players. How does that mindset and linear regression inform that this is a good strategy?

Make an initial post.


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