Further
Mathematics
Unit
3
SAC
1
[Year]
BUYING
A
CAR
NAME:
______________________
TEACHER:
___________________________
Duration:
4
x
50mins
Materials
allowed:
1
x
Bound
reference
(to
be
collected
at
the
end
of
each
session);
CAS
calculator
or
Graphics
calculator;
ruler;
pens/pencils
Outcomes:
Mark
allocation
noted
in
brackets
(total
marks:
40)
Outcome 1 (15 marks)
Define
and
explain
key
terms
and
concepts
as
specified
in
the
content
from
the
areas
of
study,
and
use
this
knowledge
to
apply
related
mathematical
procedures
to
solve
routine
application
problems.
Outcome 2 (20marks)
Use
mathematical
concepts
and
skills
developed
in
the
‘Data
analysis’
area
of
study
to
analyse
a
practical
and
extended
situation,
and
interpret
and
discuss
the
outcomes
of
this
analysis
in
relation
to
key
features
of
that
situation.
Outcome 3 (5 marks)
Select
and
appropriately
use
technology
to
develop
mathematical
ideas,
produce
results
and
carry
out
analysis
in
situations
requiring
problem-‐solving,
modelling
or
investigative
techniques
or
approaches
in
the
area
of
study
‘Data
analysis’
and
the
selected
module
from
the
‘Applications’
area
of
study.
1
Further
Mathematics
Unit
3
SAC
1
[Year]
Students
need
to
demonstrate:
• Comprehensive
and
correct
use
of
mathematical
conventions,
symbols
and
terminology
in
all
formulations,
presentations,
manipulations,
computations
and
descriptions;
• Thorough
and
relevant
definition
and
explanation
of
key
concepts
with
comprehensive
identification
of
conditions
or
restrictions
that
apply
in
different
contexts;
• Consistent
application
of
accurate
mathematical
skills
and
techniques
to
obtain
correct
results;
• Comprehensive
and
detailed
identification
of
important
information,
variables
and
constraints
with
appropriate
selection
of
values
for
development
of
the
mathematics
relevant
to
the
task
and
context;
• Comprehensive
and
appropriate
use
of
key
statistical
concepts
and
approaches
to
solve
problems;
• Thorough
analysis,
interpretation
and
discussion
of
results
with
comprehensive
consideration
of
the
validity
and
limitations
of
any
models;
• Critical
and
appropriate
selection
of
technology
for
efficient
and
systematic
production
of
solutions
and
presentations
for
given
contexts;
• Skilled
use
of
technology
to
enable
thorough
analysis
and
interpretation
of
results
in
tabular,
graphical
and
numerical
forms.
Outline
of
SAC
Students
will
be
given
the
entire
SAC
at
the
beginning
and
will
have
four
periods
to
complete
this
SAC.
At
the
end
of
each
period
the
student
must:
1.
Submit
their
SAC,
2.
Submit
their
bound
reference,
3.
Sign
to
state
that
they
have
submitted
both
these
items,
4.
Clear
their
CAS
calculators.
Students
will
be
given
their
SAC
and
bound
reference
back
at
the
start
of
each
lesson.
Completion
of
SAC
The
total
marks
allocated
is
77.
Each
question
relates
to
a
specific
outcome
and
therefore
your
final
marks
relate
to
the
three
outcomes
on
the
previous
page.
Marks
will
be
adjusted
so
that
they
reflect
the
marks
allocated
for
each
outcome
and
therefore
students’
final
mark
will
be
out
of
40.
The
final
mark
will
be
given
to
students
once
calculated
based
on
the
outcomes
and
after
comparing
the
results
of
all
three
classes.
After
SACs
have
been
marked,
teachers
will
decide
if
a
student
has
demonstrated
enough
knowledge
throughout
their
SAC
to
be
given
a
satisfactory.
If
a
student
can’t
demonstrate
through
her
SAC
that
she
understands
the
content
covered
then
the
student
must
demonstrate
her
knowledge
by
either:
1.
Showing
her
teacher
her
up-‐to-‐date
workbook;
or,
2.
Completing
a
short
test.
At
the
end
of
the
SAC
students
must
sign
an
agreement
form
stating
that
they
have
submitted
their
SAC
and
that
all
work
is
their
own.
2
Further
Mathematics
Unit
3
SAC
1
[Year]
Name:
____________________________________
Teacher:
________________________________________
All
answers
correct
to
two
decimal
places
Buying a Car
New cars are safer to drive, but they are expensive to buy. This SAC explores the prices
of cars of various ages and various makes and attempts to find a satisfactory
relationship between the age of a car and its price.
QUESTION ONE
Andrew is an 18 year old who would like to buy a recent model car because of the
additional safety features. He goes onto carsguide.com.au and collates the following
information about the prices of 2009 model cars that are bought now. All vehicles are
standard automatic petrol sedans and the prices are the averages for a private sale for
that model.
2009 Car model Price $(AUS) 2009 Car model Price $(AUS)
BMW 3 35i $73400 Kia Cerato $11800
Dodge Avenger $16000 Kia Rio $10100
Ford Falcon $15500 Mazda 3 $16700
Ford Focus $14400 Mercedes Benz E200K $58400
Ford Mondeo $17400 Mercedes Benz E280 $64300
Holden Barina $11600 Mercedes Benz E500 $97500
Holden Berlina $22100 Nissan Tiida $12200
Holden Caprice $38100 Subara Liberty $20300
Holden Commodore $16830 Toyota Camry Altise $15400
Holden Statesman $37800 Toyota Corolla $14900
Honda Accord V6 $23500 Toyota Yaris $11800
Honda Civic $17300 Volvo S40 $28000
Hyundai Accent $11700 Volvo S60 $28100
Hyundai Elantra $15400 Volvo S80 $44400
Hyundai Sonata $16600
3
Further
Mathematics
Unit
3
SAC
1
[Year]
(1A) Complete the following frequency table for the 2009 car price data by filling in
the missing frequencies. (1 mark)
Price Range Frequency
$0<-$10000 0
$10000<-$20000 17
$20000<-$30000 5
$30000<-$40000
$40000<-$50000 1
$50000<-$60000 1
$60000<-$70000 1
$70000<-$80000
$80000<-$90000 0
$90000<-$100000 1
(1B) Construct a histogram of the 2009 car price data on the grid below. (3 marks)
4
Further
Mathematics
Unit
3
SAC
1
[Year]
(1C) Describe the 2009 Car price data in terms of shape, centre and spread.
(3 marks)
(1D) There are a number of outliers in the 2009 Car price data. Determine the value
of these outliers by calculating the lower and upper boundary. (3 marks)
5
Further
Mathematics
Unit
3
SAC
1
[Year]
QUESTION TWO
Andrew is wondering about whether some vehicles hold their value better than others.
He explores the current prices of a number of used-vehicles that were manufactured in
2005 and 2009. The table below collates this information includes the mean and
standard deviation of the prices for each year:
2009 Car Price ($) 2005 Car Price ($)
Ford Falcon 15,500 7,700
Ford Focus 14,400 7,300
Holden Berlina 22,100 9,700
Holden Caprice 38,100 15,400
Holden Commodore 16,830 7,300
Holden Statesman 37,800 12,800
Honda Accord V6 23,500 11,600
Honda Civic 17,300 9,600
Hyundai Elantra 15,400 7,500
Hyundai Sonata 16,600 6,600
Kia Cerato 11,800 7,700
Kia Rio 10,100 6,000
Mazda 3 16,700 11,500
Subara Liberty 20,300 12,400
Toyota Camry Altise 15,400 7,250
Toyota Corolla 14,900 9,000
Volvo S40 28,000 14,800
Volvo S60 28,100 14,800
Average 20157.22 9941.67
Standard deviation 8099.91 3080.98
(2A) Randomly select one of the cars from this data, stating below the method that
you used to select this vehicle. (1 mark)
6
Further
Mathematics
Unit
3
SAC
1
[Year]
(2B) Calculate the standardised score for your selected vehicle for the 2009 data
correct to 2 decimal places. (2 marks)
(2C) For the standardised score obtained in (2B):
(i) Determine the approximate percentage (or range) for the number of
cars below this value
(ii) Explain your reasoning for your answer
(2 marks)
(2D) Calculate the standardised score for the same vehicle for the 2005 car data
correct to 2 decimal places. (2 marks)
7
Further
Mathematics
Unit
3
SAC
1
[Year]
(2E) On the normal graph provided, roughly place your values found in (2B) for
2009 and (2D) for 2005 and comment on what the 2 standard scores imply for your
chosen car. (2 marks)
(2F) Andrew is thinking of buying a car in the top 16% price range. Determine the
minimum amount that he would spend on a car in:
(i) 2009
(ii) 2005 (2 marks)
8
Further
Mathematics
Unit
3
SAC
1
[Year]
(2G) Calculate the five number summaries for the prices of cars from each of the
years 2009 and 2005. (2 marks)
(2H) Construct parallel boxplots for the price data from 2005 and 2009 on the grid
below (include any outliers). (4 marks)
9
Further
Mathematics
Unit
3
SAC
1
[Year]
(2I) Compare the boxplots for the years 2005 and 2009 and make a conclusion
regarding the price of cars from 2005 and 2009. (4 marks)
10
Further
Mathematics
Unit
3
SAC
1
[Year]
QUESTION THREE
Andrew is interested in buying a Mitsubishi Magna sedan. The scatter plot shows the
relationship between the age of a Magna sedan and its price on carsguide.com.au.
5500
5000
4500
4000
Price ($)
3500
3000
2500
2000
1500
1000
7 9 11 13 15 17 19 21 23 25 27
Age of Magna (years)
(3A) Describe the relationship between the age of the Magna and the price in dollars
in terms of strength, direction and form. (3 marks)
(3B) The value of the coefficient of determination for the least squares relationship
between the price and the age is 0.9035, correct to 4 decimal places. Interpret the
meaning of this value in terms of the given data. (1 mark)
11
Further
Mathematics
Unit
3
SAC
1
[Year]
(3C) Determine the value of Pearson’s correlation coefficient for this data correct to 2
decimal places. (1 mark)
(3D) Interpret the meaning of the value calculated in part (3C). (1 mark)
(3E) Given the following information calculate the equation of the least squares
regression line for this data and write it below using correct variables. Write the
coefficients correct to two decimal places. (4 marks)
Remember that:
𝒓𝒔𝒚
𝒃=
𝒔𝒙
𝒂 = 𝒚 − 𝒃𝒙 𝒚 = 𝒂 + 𝒃𝒙
mean age of car = 16.5 years standard deviation of car ages = 5.3
mean price of car = $2534.44 standard deviation of car prices =$1121.91
12
Further
Mathematics
Unit
3
SAC
1
[Year]
(3F) Explain the meaning in real terms of the gradient in this equation. (1 mark)
13
Further
Mathematics
Unit
3
SAC
1
[Year]
QUESTION FOUR
Andrew’s sister Andrea wants to further explore how the way that the age of a Corolla
is related to its price. She looks at the prices of various age Corollas if they are
purchased from carsguide.com.au and she gathers the data shown below:
Age of Corolla (years) Price $(AUS)
1 15,000
3 14,300
5 10,100
7 7,785
9 6,000
11 3,900
13 3,500
15 3,100
17 2,800
19 2,800
21 2,300
23 1,755
25 1,655
27 1,500
29 1,455
31 1,455
(4A) Calculate the equation of the least squares regression line for this data and write
it below correct to 2 decimal places and using the correct variables. (2 marks)
14
Further
Mathematics
Unit
3
SAC
1
[Year]
(4B) Calculate the value of Pearson’s correlation coefficient and write it correct to 2
decimal places. Interpret the meaning of this value.
(2 marks)
(4C) Calculate the value of the coefficient of determination correct to 2 decimal
places and interpret the meaning of this value. (2 marks)
(4D) Use the least squares regression equation to calculate the price of a 10 year old
Corolla. (2 marks)
(4E) Andrea is looking at a 10 year old Corolla which is advertised at $5000.
Calculate the residual of the price for this vehicle. (1 mark)
15
Further
Mathematics
Unit
3
SAC
1
[Year]
(4F) Add the least squares regression line to the scatterplot provided below for the
Corolla data. (2 marks)
16000
15000
14000
13000
12000
11000
10000
9000
Price ($)
8000
7000
6000
5000
4000
3000
2000
1000
0
0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32
Age of Corolla (years)
(4G) Complete the table of residuals correct to the nearest dollar for the Corolla data
shown below. (2 marks)
Age of Corolla (years) Residual of price ($)
1
3
5
7
9 – 1,845
11 – 3,122
13 – 2,698
15 – 2,275
17 – 1,751
19 – 927
21 – 604
23 – 325
25 398
27 1,067
29 1,846
31 2,669
16
Further
Mathematics
Unit
3
SAC
1
[Year]
(4H) The residual plot for the Corolla data is shown below. It is also incomplete. Plot
the missing values from the table in part (4H) on this residual plot. (2 marks)
4000
3500
3000
2500
2000
1500
1000
500
0
-500 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32
-1000
-1500
-2000
-2500
-3000
-3500
(4J) What does the residual plot indicate about the relationship between the age of a
Corolla and its price? (2 marks)
17
Further
Mathematics
Unit
3
SAC
1
[Year]
QUESTION FIVE
Andrea has come to the conclusion that a transformation may enable her to make a
more accurate prediction of the price of the Corolla given its age. Use the table at the
start of question 4 to help you answer the following questions.
(5A) Perform each of the transformations listed below and write the value of r2
correct to 2 decimal places and describe the residual plot of each transformation.
(6 marks)
Relationship r2 value Describe Residual Plot
Price vs age
Price vs log(age)
1/price vs age
(5B) State which relationship you consider best and give reasons for your answer.
(2 marks)
(5C) Show that the equation of the regression line for your transformation is:
𝟏
𝑷𝒓𝒊𝒄𝒆 =
𝟎. 𝟎𝟎𝟎𝟎𝟐𝟑×𝑨𝒈𝒆 − 𝟎. 𝟎𝟎𝟎𝟎𝟏𝟒𝟒
(2 marks)
18
Further
Mathematics
Unit
3
SAC
1
[Year]
(5D) Predict the price of a 10-year-old Corolla using the relationship that you consider
best correct to the nearest dollar. (2 marks)
(5E) Comment on the reliability of your prediction in part (5D). (2 marks)
(5F) Calculate the residual for the 10-year-old Corolla advertised at $5000.
(2 marks)
(5G) When predicting from the linear relationship for the same vehicle a residual of
−$2433.58 was obtained. Compare this value to the one obtained in part (5F), and
explain, referring to the result of the transformation, why any difference was observed.
(2 marks)
19
Further
Mathematics
Unit
3
SAC
1
[Year]
End
of
SAC
20