To conduct the analysis, the Edmunds.com team of PhDs and statisticians examined the sales trend for
luxury vehicles and others not included in Cash for Clunkers, and applied the historic relationship of those vehicles to total SAAR to make informed estimates. These estimates were independently verified through careful examination of sales patterns reflected by transaction data. Once the numbers were determined, Edmunds.com's analysts divided three billion dollars by 125,000 vehicles to arrive at the average $24,000 per vehicle.
Wait,what?
They used cars that were not typical of the cars bought, and cars not included, to come up with a number that was less than the numbers of cars bought? What kind of mumbo-math is that?
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