Environment Canada’s Fuel Economy Guide provides fuel efficiency data for 2020 model year cars and trucks. The Fuel Efficiency data for 500 cars is attached. The column labeled Manufacturer shows the name of the company that manufactured the car; the column labeled Displacement shows the engine’s displacement in liters; the column labeled Fuel shows the required or recommended type of fuel (regular or premium gasoline); the column labeled Drive identifies the type of drive (F for front wheel, R for rear wheel, and A for all wheel); and the column labeled Hwy MPG shows the fuel efficiency rating for highway driving in terms of miles per gallon. Analyzing Environment Canada’s Fuel Economy Guide data, write a briefing report that will help the trade department decide on import quota restrictions that may take either fixed in terms of value or quantity of the cars which can be imported over the coming decades. In your report, include: Estimated regression equation that you would recommend to predict the fuel efficiency for highway driving given the engine’s displacement, the dummy variable FuelPremium, and the dummy variables FrontWheel and RearWheel; an interpretation of the estimated regression coefficients for this equation and test for overall significance and individual significance at α = 0.05 and discussion of your findings and conclusions.
Environment Canada’s Fuel Economy Guide provides fuel efficiency data for 2020 model year cars and trucks. The Fuel Efficiency data for 500 cars is attached. The column labeled Manufacturer shows the name of the company that manufactured the car; the column labeled Displacement shows the engine’s displacement in liters; the column labeled Fuel shows the required or recommended type of fuel (regular or premium gasoline); the column labeled Drive identifies the type of drive (F for front wheel, R for rear wheel, and A for all wheel); and the column labeled Hwy MPG shows the fuel efficiency rating for highway driving in terms of miles per gallon. Analyzing Environment Canada’s Fuel Economy Guide data, write a briefing report that will help the trade department decide on import quota restrictions that may take either fixed in terms of value or quantity of the cars which can be imported over the coming
decades.
In your report, include: Estimated regression equation that you would recommend to predict the fuel efficiency for highway driving given the engine’s displacement, the dummy variable FuelPremium, and the dummy variables FrontWheel and RearWheel; an interpretation of the estimated regression coefficients for this equation and test for overall significance and individual significance at α = 0.05 and discussion of your findings and conclusions.
Step by step
Solved in 2 steps with 1 images
