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Lock5Data (version 2.6)

MustangPrice: Mustang Prices

Description

Price, age, and mileage for used Mustangs at an internet website

Arguments

Format

A dataset with 25 observations on the following 3 variables.

Age Age of the car (in years)
Miles Mileage on the car (in 1,000's)
Price Asking price in ($1,000's)

Details

A statistics student, Gabe McBride, was interested in prices for used Mustang cars being offered for sale on an internet site. He sampled 25 cars from the website and recorded the age (in years), mileage (in thousands of miles) and asking price (in $1,000's) for each car in his sample.