Used car buyers might expect the price they pay to be related to the quality rat

Question

Used car buyers might expect the price they pay to be related to the quality rating for the condition of the car (Average, Good, Excellent) as evaluated by the car dealer. Listed below are the Excel Data Analysis results for 160 purchases: In this scenario: A. the treatments are the 160 cars, the factor is the quality rating, and the dependent variable is the B. the three factors are Average, Excellent, and Good, the experimental units are the 160 cars, and the dependent variable is the price paid for the car. C. the factor is the quality rating, the three treatments are Average, Excellent, and Good, the experimental units are the 160 cars, and the dependent variable is the price paid for the car. D. None of the above.

Explanation / Answer

Answer: B

That is, the three factors are average, excellent and good. The experimental units are the 160 cars and the dependent variable is the price for the car.

Since there are three factors and each with represented their cost.

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