Collecting Data
If you buy a new vehicle today – what will it be worth in 2, 5 or 10 years? In this project you will collect data from NADA.com on the MSRP of a new vehicle that you might potentially purchase in the next few years. You will then look up the ‘Clean Retail’ price for the same make/model of vehicle that is 1,2,3,4 and 5 years old, assume that each year will add 10,000 miles. Use (www.desmos.com) to create a table of your data. (Links to an external site.) Video of Classroom Discussion. https://vernoncollege.techsmithrelay.com/Vkva (Links to an external site.) In your report include a description of the vehicle you chose your data table. Describe how the data wil be helpful in estimating the future value of the given new vehicle You will submit the project as a .pdf file through Canvas. Make sure that your work is your own. Any sort of ‘sharing’, ‘copying’, etc. will be considered plagiarism and all parties will receive a zero Follow the Rubric for guidelines. Rubrics This criterion is linked to a Learning Outcome Data Table Data is given in a table fully formatted with appropriate titles and labels 6.0 pts Excellent 4.0 pts Average 2.0 pts Below Average 0.0 pts No Marks 6.0 pts This criterion is linked to a Learning Outcome Vehicle Description A description of the vehicle with make, model and options is fully described. 6.0 pts Excellent 4.0 pts Average 2.0 pts Below Average 0.0 pts No Marks 6.0 pts This criterion is linked to a Learning Outcome Data Discussion A full discussion of how this data is useful in modeling the future value of the vehicle is given 6.0 pts Excellent 4.0 pts Average 2.0 pts Below Average 0.0 pts No Marks 6.0 pts This criterion is linked to a Learning Outcome Mathematical Language Correct mathematical language is used throughout report 6.0 pts Excellent 4.0 pts Average 2.0 pts Below Average 0.0 pts No Marks 6.0 pts This criterion is linked to a Learning Outcome Presentation Professional formatting and presentation are used throughout the paper. 6.0 pts Excellent 4.0 pts Average 2.0 pts Below Average 0.0 pts No Marks 6.0 pts Total Points: 30.0
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