Are there factors other than interest rate charged for a loan that
A finance overseer employed by an automobile dealership believes that the estimate of cars sold in his national negotiate can be predicted by the attention reprove abounding for a mortgage.
Interest Reprove (%)
Number of Cars Sold (100s)
The finance overseer done a retreat partition of the estimate of cars sold and attention reproves using the exemplification of axioms overhead. Shown under is a share of the retreat output.
1 -Are there elements other than attention reprove abounding for a mortgage that the finance overseer should investigate in predicting advenient car sales?
2 -Is attention reprove abounding for a mortgage the most great element to be investigateed in predicting advenient car sales? Explain your rationalistic. The dealership’s vice-president of negotiateing has requested a sales expect at the operative attention reprove of 7%.
3 -As finance overseer, what reasons would you take to the vice-president in recommending this expecting pattern?
4 -Is the premonstration of car sales at 7% a thought of the present downturn in the husbanding? How sway this contact the dealership’s matter?
Specifically, the aftercited exact elements must be addressed:
2-Integration and Application