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Essay's paper info
| Topic: |
Philosophy
|
| Number of pages / Number of words: |
4 / 1052 |
Essay's paper body
Similarly, the Beta for SUV (Xterra) of -.641 indicates that when Gas Prices (independent variable) go up by 1 Standard Deviation then SUV Sales (dependent variable) goes down by .641.
Hence, upon analyzing the aforementioned observations, it can be deduced that when Gas Prices go up then Car Sales go up while SUV Sales go down...
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This is line with our hypothesis that increasing Gas Prices affect (negatively) the Sales Volume of SUVs while increasing the Sales Volume of more fuel efficient cars.
New York City:
The Beta for Car (Sentra) is +.240 indicates that when Gas Prices (independent variable) go up by 1 Standard Deviation then Car Sales (dependent variable) goes up by ...
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