MBAASSIGNMENT-2 (1).docx - Running Head Master in Business...

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Running Head: Master in Business Administration 1 Master’s in Business Administration Student name Course Professor’s name Date due
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Master in Business Administration 2 A finance manager employed by an automobile dealership believes that the number of cars sold in his local market can be predicted by the interest rate charged for a loan. The finance manager performed a regression analysis of the number of cars sold and interest rates using the sample of data above. Shown below is a portion of the regression output. 1.) Are there factors other than interest rate charged for a loan that the finance manager should consider in predicting future car sales? Yes. There are other factors other than interest rate charged for a loan that the finance manager should consider in predicting future car sales. These factors encompasses of price of the car, inflation rate, unemployment rate, income of the buyers and affordability, type of car, presence of new car models, gross domestic product , and gas mileage of the car . Gross domestic product, income of buyers, affordability, gas mileage of car and the fuel cost have a positive relationships on the number of cars sold. However, unemployment rate, inflation rate and introduction of new models have a negative relationship on the number of cars sold.
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