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For the guy who's smarter than someone with a PHD...


Date: 2009-11-01, 11:11PM EST
Reply to: see below


The Edmunds site states that;

"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."

Now, since you have the intelligence of an extraterrestrial being, I thought you may have been able to understand this, but we'll give you a pass considering everyone makes mistakes.. I will be glad to explain.

They examined the sales trends of luxury vehicles and others not included in the CARS program on purpose to compare data. They ALSO examined the sales trends of the vehicles included in the program, as stated when they compared the ineligible vehicles to the total SAAR. Then they went back to historical statistics and compared the findings from both examinations, and the results are as shown in this statement and in the link I provided below.

You should try COMPREHENDING instead of just reading, it's kinda like the difference between listening to someone and hearing them. You will learn much more that way.

http://www.edmunds.com/help/about/press/159446/article.html

PostingID: 1447497200

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