MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The case involves predicting the value score of a car based on the price of the car, five-year cost/mile, 
road-test score, and predicted reliability. A car with a value score of 1.0 is considered to be “averagevalue.” A car with a value score of 2.0 is considered to be twice as good a value as a car with a value 
score of 1.0; a car with a value score of 0.5 is considered half as good as average; and so on. The data for 
20 family sedans, contained in the textbook data file FamilySedans.xlsx, is shown below.

Car  Price ($) Cost/Mile Road-Test Score Predicted Reliability Value Score        
Nissan Altima 2.5 S (4-cyl.) 23,970.00 0.59 91 4 1.75        
Kia Optima LX (2.4) 21,885.00 0.58 81 4 1.73        
Subaru Legacy 2.5i Premium 23,830.00 0.59 83 4 1.73        
Ford Fusion Hybrid 32,360.00 0.63 84 5 1.70        
Honda Accord LX-P (4-cyl.) 23,730.00 0.56 80 4 1.62        
Mazda6 i Sport (4-cyl.) 22,035.00 0.58 73 4 1.60        
Hyundai Sonata GLS (2.4) 21,800.00 0.56 89 3 1.58        
Ford Fusion SE (4-cyl.) 23,625.00 0.57 76 4 1.55        
Chevrolet Malibu LT (4-cyl.) 24,115.00 0.57 74 3 1.48        
Kia Optima SX (2.0T) 29,050.00 0.72 84 4 1.43        
Ford Fusion SEL (V6) 28,400.00 0.67 80 4 1.42        
Nissan Altima 3.5 SR (V6) 30,335.00 0.69 93 4 1.42        
Hyundai Sonata Limited (2.0T) 28,090.00 0.66 89 3 1.39        
Honda Accord EX-L (V6) 28,695.00 0.67 90 3 1.36        
Mazda6 s Grand Touring (V6) 30,790.00 0.74 81 4 1.34        
Ford Fusion SEL (V6, AWD) 30,055.00 0.71 75 4 1.32        
Subaru Legacy 3.6R Limited 30,094.00 0.71 88 3 1.29        
Chevrolet Malibu LTZ (V6) 28,045.00 0.67 83 3 1.20        
Chrysler 200 Limited (V6) 27,825.00 0.70 52 5 1.20        
Chevrolet Impala LT (3.6) 28,995.00 0.67 63 3 1.05        



1. Develop numerical summaries of the data. 
Insert a snapshot of the output. 
2. Use regression analysis to develop an estimated regression equation that could be used to predict the 
value score given the price of the car. 
Obtain a scatter diagram of Value Score versus Price
Go to Insert -Graph → Scatterplot…. Select both variables and then click OK. 
Insert a snapshot of the scatterplot 
Obtain the regression output
Go to Data → Data Analysis→ Regression → In the Regression dialog box, enter Value Score for the y 
variable, and Price ($) for the x variable , and then click OK. 
Insert a snapshot of the output
Write the equation predicting the value score given the price of the car. 
Value Score = 2.358666 - 3.3E-05 * price of car(26000) =
Predict the value score if the price of car=$26000
1.500666
How well does the estimated regression equation fit the data? 
R Square = 32.77%
3. Use regression analysis to develop an estimated regression equation that could be used to predict the 
value score given the five-year owner costs (cost/mile). 
Repeat what you did for #2 above but use Cost/Mile as the independent variable (x)
Insert a snapshot of the output 
Write the equation predicting the value score given cost/mile. 
2.942219 – 2.31187 * cost/mile(0.6) =
Predict the value score if the cost/mile = 0.6
1.555097
How well does the estimated regression equation fit the data? 
R Square = 51.32%
4. Use regression analysis to develop an estimated regression equation that could be used to predict the 
value score given the road-test score. 
Repeat what you did for #2 above but use Road-Test Score as the independent variable.
Insert a snapshot of the output 
Write the equation predicting the value score given the road-test score.
0.7978 + 0.008206 * road-test score(85) = 
Predict the value score if the road test score = 85
1.49531
How well does the estimated regression equation fit the data? 
R Square = 16.94%
5. Use regression analysis to develop an estimated regression equation that could be used to predict the 
value score given the predicted-reliability. 
Repeat what you did for #2 above but use Predicted Reliability as the independent variable.
Insert a snapshot of the output 
Write the equation predicting the value score given the predicted reliability 
1.051548 + 0.108387 * predicted reliability(4) =
Predict the value score if the predicted reliability = 4 
1.485096
How well does the estimated regression equation fit the data? 
R Square = 12.29%
6. What conclusions can you derive from your analysis?
a) Which one of these four independent variables is "best" for predicting Value Score? Give a 
reason for your answer.
b) Predict the value score of the Honda Accord LX-P using the estimated regression equation that 
has the independent variable you selected in part a). What is the error of prediction

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