Figure 2; Chrysler sales against U.S. car manufacture
The graph with the trend line appears to indicate a good fit, where it appears that there is a relationship between the numbers of cars sold and the numbers of car manufactured in the U.S. The regression analysis gives an R2 result of 0.9535, indicating a very close correlation. To assess the results an ANOVA with a 95% level of significance may also be performed, which gives a significant f at 1.11, which supports the result that indicates that there is a positive correlation.
2.2
Chrysler Sales and Gas Prices
Figure 2 uses the same approach, with a scatter chart draw with a trend line to assess if there is any correlation between the two data sets. The gas price, which is given in cents per mile, appears to have an inverse correlation...
3. Data The data has been collected from a number od sources. Each year figures on the sale of Chrysler cars is released. The performance of the firm is being assessed using the number of cars sold by the firm each year. This is shown in the first column of table 1 below. The data was taken from a number of different news sources and correlated. The second column, the change in
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