Factors that Effet the Price Depreciation of a Car :: Economics Transportation Essays

Factors that Effet the expense Depreciation of a CarWhat factors effect the impairment depreciation of a railway car and how?As a common stripling I am reaching the legal driving age and ordain soonrequire a car. As for most teenagers my age a new car is expensive soa second get through car would by more appropriate. For this project I go forthbe looking at cars from two data lineages* The Primary Source. I volition be doing my own research by using anAuto superhighway magazine for second hand cars and a What Car?magazine to get down the prices of the cars when they are new.(Information Provided Car Make, Car Model, Price When New. PriceSecond Hand, Age, Colour, railway locomotive coat, Mileage)* The Secondary Source. I will be provided with this data.(Information Provided Car Make, Car Model, Price When New. PriceSecond Hand, Age, Colour, Engine Size, Mileage, MPG, Fuel Type,Service History, MOT, Tax, Owners, Insurance Group, Doors, Seats,Style, Gearbox, commutation Locki ng, Air Conditioning, Airbags)Since the magazine is not a totally reliable source I could notresearch as much information for the capital source as the secondarysource. After I have ascorbic acid results of each source I will use systematic take by selecting e actually second car to cut my results into halffrom both sources. I will compare both sources. With my results I will approximate the Price Depreciation (%) showing by how much percent thecar has decreased from the (Price When New).I suspect that there will be several(prenominal) trends and patterns in theresults. The lack of information in the primary source sum that Ican only make 3 successful hypotheses* The old the car the higher(prenominal) the Price Depreciation* The Higher the Mileage the higher the Price Depreciation* The Engine Size would have a very little correlation if any, but if it does the correlation would be, the Bigger the Engine Size the Lower the Price DepreciationTo get my primary data I will be usin g a random sampling. To do this Iwill use the random button on my calculator. I will pres it twicefirst time I will take the belong two digits for the page number and wherefore I will sign it again and use the last 2 digits for the carnumber in the page. If there is no such page or car then I will repeatthe procedure. I am using hit-or-miss Sampling because since I dont gettold what order the cars are in. Due to this clustering Sampling cannotbe used because the group selected could be only for iodin make of cars.