MATH108X - Trend Lines Case Study

Project Goal: To learn how trend lines can be used as a powerful tool in the
Quantitative Reasoning Process.

#1
Begin by selecting a scenario that will use a scatterplot and trend line as the
mathematical tool to make an informed decision. (Remember that we are looking for
numerical/quantitive data where the scatterplot and trendline would show the
relationship of an input and output variable). You may use the examples as a guide, but
it is preferred that you use creativity to choose a scenario that is useful in your real
world.

#2 As best you can, list the key variables and assumptions you will be making in order to
eventually make your informed decision. You should have exactly two key variables, an
input variable and an output variable.

#3 Collect data (at least 15 points), report your source(s), make a scatterplot, and fit an
appropriate trend line to the data in order to make your informed decision. Be sure to
state which trendline best fits your data using the box provided and record your
equation.

#4 Make an informed decision using your scatterplot and trend line you created in Step 3.
Write about your decision. Include an appropriate prediction you made using the
trendline equation. Ensure your decision is well supported by your data and trend line.

#5
Share your idea and data with at least two of your group members. Get feedback from
them and improve your project accordingly. Complete the Quantitative Reasoning
Process by writing a short paragraph that details any changes you made after your group
members helped you to evaluate your data and reasoning.
 Background Story

List your Scenario:

Write the background of your scenario and the goals of your study.
My son wants to buy his first car. He really likes the Hyundai Sonata, and c
to spend about 5,000 dollars. He wants the lowest miles for the best pric
 Background Story

Buying a Car List your key variables

Input Variable
ound of your scenario and the goals of your study. Output Variable
uy his first car. He really likes the Hyundai Sonata, and can afford
000 dollars. He wants the lowest miles for the best price.
List your key assumptio
1. He will buy a 2009 - 2010 M
2. He wiill buy something with
3. Lower mileage car will cost
4. He will buy a Sonata
 List your key variables
Input Variable Mileage
Output Variable Price

List your key assumptions

e will buy a 2009 - 2010 Model
e wiill buy something with between 90,000 and 150,000 mile
ower mileage car will cost more
e will buy a Sonata
 List the source(s) of your data and a short explaination of how you gathered it.
Reviewed used cars on WWW.cars.ksl.com with my son. And looked at the mileage and price of the 15
he liked the most.

List your data (at least 15 points)

Price
Input Variable
5000
Mileage
4500 f(x) = − 0.015906686007018 x + 6010.87710797518 90203

4000 144600
137773
3500
139921
3000
146964
Insert a scatterplot of your data here.
2500 139499
2000 118958
115425
1500
156968
1000
142499
500 128950
0
80000 90000 100000 110000 120000 130000 140000 150000 160000 170000
 1000

500

0 110420
80000 90000 100000 110000 120000 130000 140000 150000 160000 170000
123980
148000
Select your trendline of best fit 132000
Linear <-- Dropdown
Linear
Record your trendline equation
y= -0.0159x+6010.9

Linear
Exponential
Quadratic
w you gathered it. Write a short paragraph (4-5 sentences) that states the decision you ha
e mileage and price of the 15 and trendline in Step 3. Be sure to include an appropriate prediction t
own input value into the trendline equatio

Based on my linear graph the best mileage is also fairly reasonably

mileage is 90203 for $3900. This car meets my sons price rage and
looking for. He will want to test drive it and make sure it runs okay.
sell the car quickly and are pricing it a little lower to be compeitive.

ur data (at least 15 points)

Output Variable

Price

3900
3500
4250
4490
2500
4500
3995
4500
2500
4400
3900
4200
3995
3599
4500

Hint
Fall2020 Fall 2020
 Show your project to two group members.
states the decision you have reached based on your data
n appropriate prediction that comes from plugging your Name of Reviewer 1:
into the trendline equation.
Name of Reviewer 2:
e is also fairly reasonably price. The car with the lowest
s my sons price rage and also the amount of miles he is
d make sure it runs okay. My assumptioin is they need to Write a short paragraph (4-6 sentences) sharing
e lower to be compeitive. any changes you made
Based on my graph, both Raysa and Mikayla
best price. We discussed that more mileage
alwya shave unexpected expenseies and it is
him $2000.00 dollars to put towards any ma
future.
o two group members. Get feedback from them. Improve accordingly.
Mikayla Osburn
Raysa Pena

(4-6 sentences) sharing the feedback you got from your group members and
ny changes you made to your case study as a result.
oth Raysa and Mikayla agreed that the car with the lowest mileage is the
ed that more mileage can lead to more expensive matienance. Pluls car
ed expenseies and it is helpful to budget for them. The $3900 price will give
o put towards any mantienace or repairs that may be neccesary in the
Scenarios for Selection
(Click here to select a scenario.)

Community Issues
Nutrition and Exercise
Predicting the Weather
Buying / Selling a Car
Buying / Selling a Couch
In three words or less, name the item you are purchasing:
In three words or less, name the item you are selling:
1