267% Making an Informed Decision What Car Should I Buy? Suppose you are in the market to purchase a used car 3. Go to the Insurance To make an informed decision regarding your purchase, Institute for Highway you would like to collect as much information as possible. Safety website (www.iihs Among the information you might consider are the typical org). Select the Ratings price of the car, the typical number of miles the car should link. Choose the make and have, its crash test results, insurance costs, and expected model for each car you repair costs. are considering. Obtain information regarding crash testing for each car under consideration. Compare cars in the same cl car you are considering substantially safer than the others? What about repair costs? Compute summary statistics for crash t 4. Obtain information about insurance costs. Contact various insurance companies to determine the cost of insuring the cars you are considering. Compute summary statistics for insurance costs and draw boxplots. 5. Write a report supporting your conclusion regarding which car you would purchase 1. Make a list of at least three cars that you would consider purchasing. To be fair, the cars should be in the ass. How does each car compare? Is one same class (such as compact, midsize, and so on). They should also be of the same age. 2. Collect information regarding the three cars in your ests and repair costs list by finding at least eight cars of each type that are for sale. Obtain information such as the asking price and the number of miles the car has. Sources of data include your local newspaper, classified ads, and car websites (such as www.cars.com). Compute summary statistics for asking price, number of miles, and other variables of interest. Using the same scale, draw boxplots of each variable considered youinsuring the cars you are 267% Making an Informed Decision What Car Should I Buy? Suppose you are in the market to purchase a used car 3. Go to the Insurance To make an informed decision regarding your purchase, Institute for Highway you would like to collect as much information as possible. Safety website (www.iihs Among the information you might consider are the typical org). Select the Ratings price of the car, the typical number of miles the car should link. Choose the make and have, its crash test results, insurance costs, and expected model for each car you repair costs. are considering. Obtain information regarding crash testing for each car under consideration. Compare cars in the same cl car you are considering substantially safer than the others? What about repair costs? Compute summary statistics for crash t 4. Obtain information about insurance costs. Contact various insurance companies to determine the cost of insuring the cars you are considering. Compute summary statistics for insurance costs and draw boxplots. 5. Write a report supporting your conclusion regarding which car you would purchase 1. Make a list of at least three cars that you would consider purchasing. To be fair, the cars should be in the ass. How does each car compare? Is one same class (such as compact, midsize, and so on). They should also be of the same age. 2. Collect information regarding the three cars in your ests and repair costs list by finding at least eight cars of each type that are for sale. Obtain information such as the asking price and the number of miles the car has. Sources of data include your local newspaper, classified ads, and car websites (such as www.cars.com). Compute summary statistics for asking price, number of miles, and other variables of interest. Using the same scale, draw boxplots of each variable considered youinsuring the cars you are