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The Statistics of Auto Efficiency

asantana
January 19, 2021

The Statistics of Auto Efficiency

asantana

January 19, 2021
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  1. HYPOTHESIS ONE: OLDER VS NEWER VEHICLES ▷ Assigned a random

    set of values PROPERTY OF CONSUMETHIS INC. 2000 BEFORE AFTER 1995 1990 1970 1980 2020 2015 2010 2005 ▷ Prominent fuel types: Regular, Diesel ▷ Assigned a random set of values ▷ Prominent fuel types: Regular, Premium, Electric ▷ Average City MPG: 18 ▷ Average City MPG: 17 ▷ Average Consumption in Barrels: 18 ▷ Average Consumption in Barrels: 17 Audi BMW Chevrolet Cost of petroleum based fuel starts to increase 1985 Tesla 2008
  2. COMPACT CARS 31 32 33 34 35 36 37 38

    39 40 41 HYPOTHESIS TWO: UNADJUSTED HIGHWAY MPG PROPERTY OF CONSUMETHIS INC. COMPACT CARS MIDSIZE CARS LARGE CARS 35.5 36 36.5 37 37.5 38 38.5 39 39.5 40 40.5 ▷ Highway MPG ideal for tests ▷ Compact Cars MPG significant ▷ Similarities in averages
  3. HYPOTHESIS THREE: CO2 EMISSION FROM TAILPIPE PROPERTY OF CONSUMETHIS INC.

    ▷ Before year 2000 for Midsize and Large Cars ▷ Contrast of CO2 release from Compact to Large Cars ▷ Fewer Large Cars in sample COMPACT CARS MIDSIZE CARS LARGE CARS 397.22 434.66 477.15 0 100 200 300 400 500 600
  4. ANNUAL FUEL COSTS PROPERTY OF CONSUMETHIS INC. ▷ Electric and

    gas type cars $103 $49,400 $23,506 $1,807 $173 $120 $- $10,000 $20,000 $30,000 $40,000 $50,000 electricity regular gas premium gas diesel midgrade gasoline natural gas THOUSANDS ▷ Regular gas significantly higher than all gas types ▷ Subjected to gas guzzlers tax ▷ EPA fuel economy score
  5. FIVE-YEAR COST PROJECTIONS PROPERTY OF CONSUMETHIS INC. ▷ More spending

    and less saving $382 -$67,906 -$47,964 -$2,189 -$347 -$195 -$80,000 -$70,000 -$60,000 -$50,000 -$40,000 -$30,000 -$20,000 -$10,000 $0 $10,000 electricity regular gas premium gas diesel midgrade gasoline natural gas THOUSANDS ▷ Incremental value ▷ Regular and Premium gas significantly higher than all gas types Electric for the future
  6. HYPOTHESES RESULTS PROPERTY OF CONSUMETHIS INC. HYPOTHESIS ONE ▷ Older

    vs. Newer Vehicles ▷ Median Year: 2000 ▷ Compact, Midsize and Large Car Types ▷ CO2 Emission from Tailpipe ▷ Compact, Midsize and Large Car Types ▷ Unadjusted Highway MPG TEST RESULTS TEST RESULTS TEST RESULTS HYPOTHESIS TWO HYPOTHESIS THREE ▷ Fail to reject the null hypothesis ▷ No statistical difference ▷ Reject the null hypothesis ▷ Significant statistical difference ▷ Reject the null hypothesis ▷ Significant statistical difference