Question
SPSS Data located here: https://fil.email/bbRrS7jX NOTE THAT only rows 251 - 850 should be selected for this assignment. [i] Based on your data, is there
SPSS Data located here: https://fil.email/bbRrS7jX NOTE THAT only rows 251 - 850 should be selected for this assignment.
[i] Based on your data, is there a significant difference in prices of used Camrys among the
different colours? State all your hypotheses and conclusions clearly in the standard format.
[ii] What are your results and conclusions from the Levene test?
[iii] Conduct the Tukey test (at the 5% level of significance) and describe the conclusions you derive from this test.
[iv] If one assumed that the cost of new cars were independent of colour, then what choice ought one to have made a decade ago to have maximized the resale value of these cars, based on this old data? What pair of colours had the most significant difference? What other pairs are significantly different?
[v] This is old data and current trends may differ. Research current colour preferences and give your team's advice and reasons as to what colours Toyota one should buy and NOT buy if the only objective is to maximize final resale value.
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