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TABLE 14-16
What are the factors that determine the acceleration time (in sec.) from 0 to 60 miles per hour of a car? Data on the following variables for 171 different vehicle models were collected:
Accel Time: Acceleration time in sec.
Cargo Vol: Cargo volume in cu. ft.
HP: Horsepower
MPG: Miles per gallon
SUV: 1 if the vehicle model is an SUV with Coupe as the base when SUV and Sedan are both 0
Sedan: 1 if the vehicle model is a sedan with Coupe as the base when SUV and Sedan are both 0
The regression results using acceleration time as the dependent variable and the remaining variables as the independent variables are presented below.
The various residual plots are as shown below.
-Referring to 14-16, the error appears to be left-skewed.
BPI
Business Process Improvement, a systematic approach to help an organization optimize its underlying processes to achieve more efficient results.
Variation
Differences or discrepancies that occur in data, objects, or processes, which can influence outcomes or performances.
Information Overload
A state of having too much information to make a decision or remain informed about a subject.
Societal Pressure
The influence exerted by society on individuals or organizations to conform to norms, behaviors, or values.
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