Analysis is all about an automobile firm to understand the factors on which the pricing of cars depends also they want to understand the factors affecting the pricing of cars in the market.The company wants to know: -- Which variables are significant in predicting the price of a car
We are required to create a model that predicts the price of cars with the available independent variables. It will be used by the firm to understand how exactly the prices vary with the independent variables. So, that they can work towards the results to meet certain price levels.