You are car shopping (lucky you!) and are considering a Ford, a Chevy, and a Honda. You

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You are car shopping (lucky you!) and are considering a Ford, a Chevy, and a Honda. You are basing your decision on the criteria in the following table. You have also ranked each of the criterions based on its importance to you, with a rank of 5 being the most important: price (5), reliability (4), looks (3), gas mileage (3), and resale value (2). You have scored each car for each criterion on a scale of 1–10 110 = highest2, as shown in the following table. Calculate the average score for each car.

Criteria Ford Chevy Honda Price 7 8 3 Reliability 7 6 9 Looks 5 7 5 Gas mileage 4 6 8 Resale value 7 4 8 AppendixLO1

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Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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