This R markdown file shows the data cleaning process as well as the process used to generate first order, interaction model and higher order models. It also shows the assumptions checks performed. However, the main elaboration on what each step means is in the report in PDF format.

Cleaning

car_dataset <- read.csv('Car details.csv')

#Remove rows with NA (221 rows)
car_dataset <- car_dataset[complete.cases(car_dataset), ]
#Remove the 'kmpl' / 'km per kg' for the mileage column
car_dataset$mileage = as.numeric(gsub("[^0-9.<>]", "", car_dataset$mileage))
#Remove Zero value mileage rows (17 rows)
car_dataset = car_dataset[car_dataset$mileage!=0, ]
#Remove the 'CC' for the engine column
car_dataset$engine = as.numeric(gsub("[^0-9.<>]", "", car_dataset$engine))
#Remove the 'bhp' for the max_power column
car_dataset$max_power = as.numeric(gsub("[^0-9.<>]", "", car_dataset$max_power))
#break the torque column into torque_nm and torque_rpm columns
for (i in 1:nrow(car_dataset)){
  if(grepl('(kgm@ rpm)',car_dataset$torque[i])){
    car_dataset$torque_nm[i] <-as.numeric(strsplit(car_dataset$torque[i], "[@]")[[1]][1])*9.80665 #covert from kgm to nm
    car_dataset$torque_rpm[i] <-as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], "@|-|~")[[1]][2]))
  }
  else if (grepl('kgm at',tolower(car_dataset$torque[i])))
  {
    car_dataset$torque_nm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], "[at]")[[1]][1]))*9.80665
    car_dataset$torque_rpm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], c("at|-|~"))[[1]][2]))
  }
  else if (grepl('nm at',tolower(car_dataset$torque[i])))
  {
    car_dataset$torque_nm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], "[at]")[[1]][1]))
    car_dataset$torque_rpm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], c("at|-|~"))[[1]][2]))
  }
  else if (grepl(' / ',car_dataset$torque[i]))
  {
    car_dataset$torque_nm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], " / ")[[1]][1]))
    car_dataset$torque_rpm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], c(" / "))[[1]][2]))
  }
  else if (grepl('kgm@',car_dataset$torque[i]))
  {
    car_dataset$torque_nm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], "[@]|\\(")[[1]][1]))*9.80665
    car_dataset$torque_rpm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], c("@|-|~"))[[1]][2]))
  }
  else
  {
    car_dataset$torque_nm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], "[@]|\\(")[[1]][1]))
    car_dataset$torque_rpm[i] <- as.numeric(gsub("[^0-9.<>]", "",strsplit(car_dataset$torque[i], c("@|-|~"))[[1]][2]))
  }
}
#Remove rows with NA in torque_rpm (35 rows)
car_dataset <- car_dataset[complete.cases(car_dataset$torque_rpm), ]

Testing for colinearity

library(mctest)
firstordermodel<-lm(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm, data=car_dataset)
imcdiag(firstordermodel, method="VIF")
## 
## Call:
## imcdiag(mod = firstordermodel, method = "VIF")
## 
## 
##  VIF Multicollinearity Diagnostics
## 
##                                         VIF detection
## year                                 2.0953         0
## km_driven                            1.4386         0
## factor(fuel)Diesel                  40.2806         1
## factor(fuel)LPG                      1.6951         0
## factor(fuel)Petrol                  39.1833         1
## factor(seller_type)Individual        1.4686         0
## factor(seller_type)Trustmark Dealer  1.2542         0
## factor(transmission)Manual           1.6409         0
## factor(owner)Fourth & Above Owner    1.1005         0
## factor(owner)Second Owner            1.2754         0
## factor(owner)Test Drive Car          1.0109         0
## factor(owner)Third Owner             1.1996         0
## mileage                              3.0548         0
## engine                               5.5554         0
## max_power                            3.2619         0
## seats                                2.3255         0
## torque_rpm                           4.2029         0
## 
## Multicollinearity may be due to factor(fuel)Diesel factor(fuel)Petrol regressors
## 
## 1 --> COLLINEARITY is detected by the test 
## 0 --> COLLINEARITY is not detected by the test
## 
## ===================================

Individual t-tests

summary(firstordermodel)
## 
## Call:
## lm(formula = selling_price ~ year + km_driven + factor(fuel) + 
##     factor(seller_type) + factor(transmission) + factor(owner) + 
##     mileage + engine + max_power + seats + torque_rpm, data = car_dataset)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -2194974  -189249    13230   162870  4367716 
## 
## Coefficients:
##                                       Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                         -6.430e+07  3.756e+06 -17.118  < 2e-16 ***
## year                                 3.209e+04  1.879e+03  17.077  < 2e-16 ***
## km_driven                           -9.418e-01  1.057e-01  -8.913  < 2e-16 ***
## factor(fuel)Diesel                  -2.152e+05  6.381e+04  -3.373 0.000748 ***
## factor(fuel)LPG                      2.399e+05  9.791e+04   2.450 0.014316 *  
## factor(fuel)Petrol                  -1.571e+03  6.307e+04  -0.025 0.980130    
## factor(seller_type)Individual       -2.732e+05  1.615e+04 -16.912  < 2e-16 ***
## factor(seller_type)Trustmark Dealer -3.343e+05  3.286e+04 -10.173  < 2e-16 ***
## factor(transmission)Manual          -4.278e+05  1.924e+04 -22.233  < 2e-16 ***
## factor(owner)Fourth & Above Owner    5.248e+03  3.731e+04   0.141 0.888142    
## factor(owner)Second Owner           -4.322e+04  1.296e+04  -3.335 0.000858 ***
## factor(owner)Test Drive Car          1.984e+06  1.997e+05   9.934  < 2e-16 ***
## factor(owner)Third Owner            -1.363e+04  2.231e+04  -0.611 0.541258    
## mileage                              1.692e+04  2.219e+03   7.624 2.75e-14 ***
## engine                               1.294e+02  2.346e+01   5.515 3.59e-08 ***
## max_power                            1.225e+04  2.570e+02  47.646  < 2e-16 ***
## seats                               -3.813e+04  7.955e+03  -4.793 1.67e-06 ***
## torque_rpm                          -1.207e+02  9.021e+00 -13.380  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 443900 on 7837 degrees of freedom
## Multiple R-squared:  0.6821, Adjusted R-squared:  0.6814 
## F-statistic: 989.2 on 17 and 7837 DF,  p-value: < 2.2e-16

Best Subset

aprs =ols_step_best_subset(firstordermodel, details=TRUE)
cp<-c(aprs$cp)
AIC<-c(aprs$aic)
AdjustedR<-c(aprs$adjr)

cbind(AdjustedR,cp,AIC)
##       AdjustedR         cp      AIC
##  [1,] 0.5463546 3331.20899 229355.4
##  [2,] 0.6102392 1757.25232 228164.2
##  [3,] 0.6430044  950.58254 227475.4
##  [4,] 0.6607986  511.94464 227075.8
##  [5,] 0.6657138  388.65051 226965.1
##  [6,] 0.6695501  295.14547 226875.5
##  [7,] 0.6743263  178.52764 226762.1
##  [8,] 0.6768440  115.50213 226704.1
##  [9,] 0.6799655   39.68024 226628.9
## [10,] 0.6805224   26.97430 226616.2
## [11,] 0.6814156    6.00000 226595.2
par(mfrow=c(2,2)) # split the plotting panel into a 2 x 2 grid
plot(aprs$cp,type = "o",pch=10, xlab="Number of Variables",ylab= "Cp")
plot(aprs$aic,type = "o",pch=10, xlab="Number of Variables",ylab= "AIC")
plot(aprs$adjr,type = "o",pch=10, xlab="Number of Variables",ylab= "Adjusted R^2")

best.subset<-regsubsets(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm, data=car_dataset, nv=11 ) 
reg.summary = summary(best.subset)
summary(best.subset)
## Subset selection object
## Call: regsubsets.formula(selling_price ~ year + km_driven + factor(fuel) + 
##     factor(seller_type) + factor(transmission) + factor(owner) + 
##     mileage + engine + max_power + seats + torque_rpm, data = car_dataset, 
##     nv = 11)
## 17 Variables  (and intercept)
##                                     Forced in Forced out
## year                                    FALSE      FALSE
## km_driven                               FALSE      FALSE
## factor(fuel)Diesel                      FALSE      FALSE
## factor(fuel)LPG                         FALSE      FALSE
## factor(fuel)Petrol                      FALSE      FALSE
## factor(seller_type)Individual           FALSE      FALSE
## factor(seller_type)Trustmark Dealer     FALSE      FALSE
## factor(transmission)Manual              FALSE      FALSE
## factor(owner)Fourth & Above Owner       FALSE      FALSE
## factor(owner)Second Owner               FALSE      FALSE
## factor(owner)Test Drive Car             FALSE      FALSE
## factor(owner)Third Owner                FALSE      FALSE
## mileage                                 FALSE      FALSE
## engine                                  FALSE      FALSE
## max_power                               FALSE      FALSE
## seats                                   FALSE      FALSE
## torque_rpm                              FALSE      FALSE
## 1 subsets of each size up to 11
## Selection Algorithm: exhaustive
##           year km_driven factor(fuel)Diesel factor(fuel)LPG factor(fuel)Petrol
## 1  ( 1 )  " "  " "       " "                " "             " "               
## 2  ( 1 )  "*"  " "       " "                " "             " "               
## 3  ( 1 )  "*"  " "       " "                " "             " "               
## 4  ( 1 )  "*"  " "       " "                " "             " "               
## 5  ( 1 )  "*"  " "       " "                " "             " "               
## 6  ( 1 )  "*"  " "       " "                " "             " "               
## 7  ( 1 )  "*"  "*"       " "                " "             " "               
## 8  ( 1 )  "*"  "*"       " "                " "             " "               
## 9  ( 1 )  "*"  "*"       " "                " "             " "               
## 10  ( 1 ) "*"  "*"       "*"                " "             " "               
## 11  ( 1 ) "*"  "*"       "*"                " "             " "               
##           factor(seller_type)Individual factor(seller_type)Trustmark Dealer
## 1  ( 1 )  " "                           " "                                
## 2  ( 1 )  " "                           " "                                
## 3  ( 1 )  " "                           " "                                
## 4  ( 1 )  "*"                           " "                                
## 5  ( 1 )  "*"                           "*"                                
## 6  ( 1 )  "*"                           "*"                                
## 7  ( 1 )  "*"                           "*"                                
## 8  ( 1 )  "*"                           "*"                                
## 9  ( 1 )  "*"                           "*"                                
## 10  ( 1 ) "*"                           "*"                                
## 11  ( 1 ) "*"                           "*"                                
##           factor(transmission)Manual factor(owner)Fourth & Above Owner
## 1  ( 1 )  " "                        " "                              
## 2  ( 1 )  " "                        " "                              
## 3  ( 1 )  "*"                        " "                              
## 4  ( 1 )  "*"                        " "                              
## 5  ( 1 )  "*"                        " "                              
## 6  ( 1 )  "*"                        " "                              
## 7  ( 1 )  "*"                        " "                              
## 8  ( 1 )  "*"                        " "                              
## 9  ( 1 )  "*"                        " "                              
## 10  ( 1 ) "*"                        " "                              
## 11  ( 1 ) "*"                        " "                              
##           factor(owner)Second Owner factor(owner)Test Drive Car
## 1  ( 1 )  " "                       " "                        
## 2  ( 1 )  " "                       " "                        
## 3  ( 1 )  " "                       " "                        
## 4  ( 1 )  " "                       " "                        
## 5  ( 1 )  " "                       " "                        
## 6  ( 1 )  " "                       "*"                        
## 7  ( 1 )  " "                       " "                        
## 8  ( 1 )  " "                       "*"                        
## 9  ( 1 )  " "                       "*"                        
## 10  ( 1 ) " "                       "*"                        
## 11  ( 1 ) " "                       "*"                        
##           factor(owner)Third Owner mileage engine max_power seats torque_rpm
## 1  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 2  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 3  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 4  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 5  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 6  ( 1 )  " "                      " "     " "    "*"       " "   " "       
## 7  ( 1 )  " "                      " "     " "    "*"       " "   "*"       
## 8  ( 1 )  " "                      " "     " "    "*"       " "   "*"       
## 9  ( 1 )  " "                      " "     " "    "*"       "*"   "*"       
## 10  ( 1 ) " "                      "*"     " "    "*"       " "   "*"       
## 11  ( 1 ) " "                      "*"     "*"    "*"       " "   "*"
rsquare<-c(reg.summary$rsq)
cp<-c(reg.summary$cp)
AdjustedR<-c(reg.summary$adjr2)
RMSE<-c(reg.summary$rss)
BIC<-c(reg.summary$bic)
cbind(rsquare,cp,BIC,RMSE,AdjustedR)
##         rsquare         cp       BIC         RMSE AdjustedR
##  [1,] 0.5464124 3331.20899 -6191.965 2.203705e+15 0.5463546
##  [2,] 0.6103384 1757.25232 -7376.248 1.893128e+15 0.6102392
##  [3,] 0.6431408  950.58254 -8058.025 1.733761e+15 0.6430044
##  [4,] 0.6544121  674.71311 -8301.157 1.679001e+15 0.6542360
##  [5,] 0.6610145  513.94464 -8443.710 1.646924e+15 0.6607986
##  [6,] 0.6655708  403.61864 -8541.036 1.624787e+15 0.6653151
##  [7,] 0.6698752  299.50357 -8633.824 1.603875e+15 0.6695807
##  [8,] 0.6742847  192.79794 -8730.481 1.582452e+15 0.6739526
##  [9,] 0.6767009  135.23129 -8779.999 1.570713e+15 0.6763300
## [10,] 0.6797097   63.05667 -8844.475 1.556095e+15 0.6793013
## [11,] 0.6803057   50.36254 -8850.137 1.553200e+15 0.6798573
par(mfrow=c(3,2)) # split the plotting panel into a 3 x 2 grid
plot(reg.summary$cp,type = "o",pch=10, xlab="Number of Variables",ylab= "Cp")
plot(reg.summary$bic,type = "o",pch=10, xlab="Number of Variables",ylab= "BIC")
plot(reg.summary$rsq,type = "o",pch=10, xlab="Number of Variables",ylab= "R^2")
plot(reg.summary$rss,type = "o",pch=10, xlab="Number of Variables",ylab= "RMSE")
plot(reg.summary$adjr2,type = "o",pch=10, xlab="Number of Variables",ylab= "Adjusted R^2")

# F test on seats

reduced_model = lm(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+torque_rpm, data=car_dataset)
anova(reduced_model, firstordermodel)

Interaction models

intmodel = lm(selling_price~(year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm)^2, data=car_dataset)

# Took out insignifant terms
reducedint = lm(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + factor(owner)*torque_rpm + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)

# took out interaction between factor owner and torque rpm
reducedint2 = lm(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)
summary(reducedint2)
## 
## Call:
## lm(formula = selling_price ~ year + km_driven + factor(fuel) + 
##     factor(seller_type) + factor(transmission) + factor(owner) + 
##     mileage + engine + max_power + seats + torque_rpm + year * 
##     km_driven + year * factor(seller_type) + year * factor(transmission) + 
##     year * mileage + year * engine + year * max_power + year * 
##     torque_rpm + km_driven * factor(seller_type) + km_driven * 
##     factor(transmission) + km_driven * max_power + factor(fuel) * 
##     factor(transmission) + factor(fuel) * factor(owner) + factor(seller_type) * 
##     factor(transmission) + factor(seller_type) * factor(owner) + 
##     factor(seller_type) * mileage + factor(seller_type) * engine + 
##     factor(seller_type) * max_power + factor(transmission) * 
##     factor(owner) + factor(transmission) * mileage + factor(transmission) * 
##     engine + factor(transmission) * max_power + factor(transmission) * 
##     seats + factor(transmission) * torque_rpm + factor(owner) * 
##     mileage + factor(owner) * engine + mileage * engine + mileage * 
##     max_power + engine * max_power + engine * torque_rpm + max_power * 
##     seats + max_power * torque_rpm, data = car_dataset)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -2823325   -82100    -3035    81121  2124031 
## 
## Coefficients: (11 not defined because of singularities)
##                                                                         Estimate
## (Intercept)                                                           -4.410e+07
## year                                                                   2.043e+04
## km_driven                                                              2.099e+02
## factor(fuel)Diesel                                                     4.621e+05
## factor(fuel)LPG                                                       -3.421e+04
## factor(fuel)Petrol                                                    -6.874e+04
## factor(seller_type)Individual                                          5.169e+07
## factor(seller_type)Trustmark Dealer                                    4.170e+07
## factor(transmission)Manual                                             9.040e+07
## factor(owner)Fourth & Above Owner                                      6.515e+05
## factor(owner)Second Owner                                              4.965e+04
## factor(owner)Test Drive Car                                            3.817e+07
## factor(owner)Third Owner                                               6.300e+05
## mileage                                                               -3.408e+06
## engine                                                                 1.869e+04
## max_power                                                             -2.664e+06
## seats                                                                  1.073e+05
## torque_rpm                                                             2.099e+04
## year:km_driven                                                        -1.065e-01
## year:factor(seller_type)Individual                                    -2.539e+04
## year:factor(seller_type)Trustmark Dealer                              -2.114e+04
## year:factor(transmission)Manual                                       -4.400e+04
## year:mileage                                                           1.709e+03
## year:engine                                                           -9.416e+00
## year:max_power                                                         1.335e+03
## year:torque_rpm                                                       -1.029e+01
## km_driven:factor(seller_type)Individual                                1.755e+00
## km_driven:factor(seller_type)Trustmark Dealer                          3.866e+00
## km_driven:factor(transmission)Manual                                   3.210e+00
## km_driven:max_power                                                   -8.784e-03
## factor(fuel)Diesel:factor(transmission)Manual                         -4.418e+05
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   1.540e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      6.880e+03
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   2.126e+04
## factor(fuel)Diesel:factor(owner)Second Owner                           3.694e+04
## factor(fuel)LPG:factor(owner)Second Owner                             -3.817e+04
## factor(fuel)Petrol:factor(owner)Second Owner                           3.949e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.360e+07
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.156e+04
## factor(fuel)LPG:factor(owner)Third Owner                              -1.054e+05
## factor(fuel)Petrol:factor(owner)Third Owner                            9.407e+03
## factor(seller_type)Individual:factor(transmission)Manual               2.746e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         2.399e+05
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner               -4.810e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         -4.833e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                -2.314e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                 -1.343e+04
## factor(seller_type)Trustmark Dealer:mileage                            7.107e+03
## factor(seller_type)Individual:engine                                   1.630e+02
## factor(seller_type)Trustmark Dealer:engine                             5.313e+02
## factor(seller_type)Individual:max_power                               -6.796e+03
## factor(seller_type)Trustmark Dealer:max_power                         -3.118e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          -3.295e+05
## factor(transmission)Manual:factor(owner)Second Owner                  -8.297e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                   -3.364e+05
## factor(transmission)Manual:mileage                                    -1.735e+04
## factor(transmission)Manual:engine                                      5.098e+02
## factor(transmission)Manual:max_power                                  -1.450e+04
## factor(transmission)Manual:seats                                      -3.607e+04
## factor(transmission)Manual:torque_rpm                                 -1.685e+02
## factor(owner)Fourth & Above Owner:mileage                             -1.446e+04
## factor(owner)Second Owner:mileage                                      1.648e+03
## factor(owner)Test Drive Car:mileage                                   -2.331e+06
## factor(owner)Third Owner:mileage                                      -2.785e+03
## factor(owner)Fourth & Above Owner:engine                              -1.385e+02
## factor(owner)Second Owner:engine                                      -3.141e+00
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                       -3.611e+01
## mileage:engine                                                        -1.241e+01
## mileage:max_power                                                      1.789e+02
## engine:max_power                                                       1.768e+00
## engine:torque_rpm                                                     -1.366e-01
## max_power:seats                                                       -6.986e+02
## max_power:torque_rpm                                                   1.027e+00
##                                                                       Std. Error
## (Intercept)                                                            2.214e+07
## year                                                                   1.103e+04
## km_driven                                                              2.986e+01
## factor(fuel)Diesel                                                     5.626e+04
## factor(fuel)LPG                                                        7.184e+04
## factor(fuel)Petrol                                                     4.315e+04
## factor(seller_type)Individual                                          7.825e+06
## factor(seller_type)Trustmark Dealer                                    4.224e+07
## factor(transmission)Manual                                             9.854e+06
## factor(owner)Fourth & Above Owner                                      3.419e+05
## factor(owner)Second Owner                                              1.273e+05
## factor(owner)Test Drive Car                                            3.504e+06
## factor(owner)Third Owner                                               2.714e+05
## mileage                                                                6.072e+05
## engine                                                                 6.493e+03
## max_power                                                              8.616e+04
## seats                                                                  2.682e+04
## torque_rpm                                                             1.818e+03
## year:km_driven                                                         1.483e-02
## year:factor(seller_type)Individual                                     3.890e+03
## year:factor(seller_type)Trustmark Dealer                               2.093e+04
## year:factor(transmission)Manual                                        4.913e+03
## year:mileage                                                           3.011e+02
## year:engine                                                            3.227e+00
## year:max_power                                                         4.287e+01
## year:torque_rpm                                                        9.012e-01
## km_driven:factor(seller_type)Individual                                3.231e-01
## km_driven:factor(seller_type)Trustmark Dealer                          1.805e+00
## km_driven:factor(transmission)Manual                                   3.580e-01
## km_driven:max_power                                                    2.035e-03
## factor(fuel)Diesel:factor(transmission)Manual                          4.060e+04
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   2.501e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      3.444e+05
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   2.441e+05
## factor(fuel)Diesel:factor(owner)Second Owner                           7.421e+04
## factor(fuel)LPG:factor(owner)Second Owner                              1.178e+05
## factor(fuel)Petrol:factor(owner)Second Owner                           7.539e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.525e+06
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.747e+05
## factor(fuel)LPG:factor(owner)Third Owner                               2.129e+05
## factor(fuel)Petrol:factor(owner)Third Owner                            1.747e+05
## factor(seller_type)Individual:factor(transmission)Manual               2.644e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         5.978e+04
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner                2.946e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          1.202e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                 1.217e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                  2.814e+03
## factor(seller_type)Trustmark Dealer:mileage                            9.664e+03
## factor(seller_type)Individual:engine                                   3.696e+01
## factor(seller_type)Trustmark Dealer:engine                             1.146e+02
## factor(seller_type)Individual:max_power                                4.551e+02
## factor(seller_type)Trustmark Dealer:max_power                          2.187e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           1.034e+05
## factor(transmission)Manual:factor(owner)Second Owner                   2.943e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                    6.542e+04
## factor(transmission)Manual:mileage                                     4.772e+03
## factor(transmission)Manual:engine                                      5.478e+01
## factor(transmission)Manual:max_power                                   5.400e+02
## factor(transmission)Manual:seats                                       1.954e+04
## factor(transmission)Manual:torque_rpm                                  1.716e+01
## factor(owner)Fourth & Above Owner:mileage                              8.909e+03
## factor(owner)Second Owner:mileage                                      2.797e+03
## factor(owner)Test Drive Car:mileage                                    2.247e+05
## factor(owner)Third Owner:mileage                                       5.190e+03
## factor(owner)Fourth & Above Owner:engine                               7.174e+01
## factor(owner)Second Owner:engine                                       2.554e+01
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        4.335e+01
## mileage:engine                                                         3.368e+00
## mileage:max_power                                                      3.758e+01
## engine:max_power                                                       2.815e-01
## engine:torque_rpm                                                      1.609e-02
## max_power:seats                                                        1.321e+02
## max_power:torque_rpm                                                   2.174e-01
##                                                                       t value
## (Intercept)                                                            -1.992
## year                                                                    1.852
## km_driven                                                               7.031
## factor(fuel)Diesel                                                      8.213
## factor(fuel)LPG                                                        -0.476
## factor(fuel)Petrol                                                     -1.593
## factor(seller_type)Individual                                           6.606
## factor(seller_type)Trustmark Dealer                                     0.987
## factor(transmission)Manual                                              9.174
## factor(owner)Fourth & Above Owner                                       1.906
## factor(owner)Second Owner                                               0.390
## factor(owner)Test Drive Car                                            10.893
## factor(owner)Third Owner                                                2.321
## mileage                                                                -5.613
## engine                                                                  2.879
## max_power                                                             -30.922
## seats                                                                   4.001
## torque_rpm                                                             11.547
## year:km_driven                                                         -7.181
## year:factor(seller_type)Individual                                     -6.526
## year:factor(seller_type)Trustmark Dealer                               -1.010
## year:factor(transmission)Manual                                        -8.955
## year:mileage                                                            5.677
## year:engine                                                            -2.918
## year:max_power                                                         31.130
## year:torque_rpm                                                       -11.418
## km_driven:factor(seller_type)Individual                                 5.432
## km_driven:factor(seller_type)Trustmark Dealer                           2.142
## km_driven:factor(transmission)Manual                                    8.968
## km_driven:max_power                                                    -4.317
## factor(fuel)Diesel:factor(transmission)Manual                         -10.880
## factor(fuel)LPG:factor(transmission)Manual                                 NA
## factor(fuel)Petrol:factor(transmission)Manual                              NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                    0.615
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                       0.020
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                    0.087
## factor(fuel)Diesel:factor(owner)Second Owner                            0.498
## factor(fuel)LPG:factor(owner)Second Owner                              -0.324
## factor(fuel)Petrol:factor(owner)Second Owner                            0.524
## factor(fuel)Diesel:factor(owner)Test Drive Car                          8.918
## factor(fuel)LPG:factor(owner)Test Drive Car                                NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                             NA
## factor(fuel)Diesel:factor(owner)Third Owner                             0.066
## factor(fuel)LPG:factor(owner)Third Owner                               -0.495
## factor(fuel)Petrol:factor(owner)Third Owner                             0.054
## factor(seller_type)Individual:factor(transmission)Manual                1.038
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual          4.013
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner            NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner      NA
## factor(seller_type)Individual:factor(owner)Second Owner                -1.633
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          -4.021
## factor(seller_type)Individual:factor(owner)Test Drive Car                  NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car            NA
## factor(seller_type)Individual:factor(owner)Third Owner                 -1.902
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner               NA
## factor(seller_type)Individual:mileage                                  -4.775
## factor(seller_type)Trustmark Dealer:mileage                             0.735
## factor(seller_type)Individual:engine                                    4.409
## factor(seller_type)Trustmark Dealer:engine                              4.637
## factor(seller_type)Individual:max_power                               -14.934
## factor(seller_type)Trustmark Dealer:max_power                          -1.426
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           -3.187
## factor(transmission)Manual:factor(owner)Second Owner                   -2.819
## factor(transmission)Manual:factor(owner)Test Drive Car                     NA
## factor(transmission)Manual:factor(owner)Third Owner                    -5.141
## factor(transmission)Manual:mileage                                     -3.635
## factor(transmission)Manual:engine                                       9.307
## factor(transmission)Manual:max_power                                  -26.858
## factor(transmission)Manual:seats                                       -1.846
## factor(transmission)Manual:torque_rpm                                  -9.814
## factor(owner)Fourth & Above Owner:mileage                              -1.623
## factor(owner)Second Owner:mileage                                       0.589
## factor(owner)Test Drive Car:mileage                                   -10.376
## factor(owner)Third Owner:mileage                                       -0.537
## factor(owner)Fourth & Above Owner:engine                               -1.930
## factor(owner)Second Owner:engine                                       -0.123
## factor(owner)Test Drive Car:engine                                         NA
## factor(owner)Third Owner:engine                                        -0.833
## mileage:engine                                                         -3.684
## mileage:max_power                                                       4.761
## engine:max_power                                                        6.281
## engine:torque_rpm                                                      -8.492
## max_power:seats                                                        -5.287
## max_power:torque_rpm                                                    4.722
##                                                                       Pr(>|t|)
## (Intercept)                                                           0.046412
## year                                                                  0.064011
## km_driven                                                             2.22e-12
## factor(fuel)Diesel                                                    2.50e-16
## factor(fuel)LPG                                                       0.633916
## factor(fuel)Petrol                                                    0.111183
## factor(seller_type)Individual                                         4.21e-11
## factor(seller_type)Trustmark Dealer                                   0.323559
## factor(transmission)Manual                                             < 2e-16
## factor(owner)Fourth & Above Owner                                     0.056738
## factor(owner)Second Owner                                             0.696527
## factor(owner)Test Drive Car                                            < 2e-16
## factor(owner)Third Owner                                              0.020287
## mileage                                                               2.05e-08
## engine                                                                0.004005
## max_power                                                              < 2e-16
## seats                                                                 6.37e-05
## torque_rpm                                                             < 2e-16
## year:km_driven                                                        7.54e-13
## year:factor(seller_type)Individual                                    7.18e-11
## year:factor(seller_type)Trustmark Dealer                              0.312619
## year:factor(transmission)Manual                                        < 2e-16
## year:mileage                                                          1.42e-08
## year:engine                                                           0.003531
## year:max_power                                                         < 2e-16
## year:torque_rpm                                                        < 2e-16
## km_driven:factor(seller_type)Individual                               5.75e-08
## km_driven:factor(seller_type)Trustmark Dealer                         0.032220
## km_driven:factor(transmission)Manual                                   < 2e-16
## km_driven:max_power                                                   1.60e-05
## factor(fuel)Diesel:factor(transmission)Manual                          < 2e-16
## factor(fuel)LPG:factor(transmission)Manual                                  NA
## factor(fuel)Petrol:factor(transmission)Manual                               NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                  0.538269
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     0.984062
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  0.930614
## factor(fuel)Diesel:factor(owner)Second Owner                          0.618620
## factor(fuel)LPG:factor(owner)Second Owner                             0.745973
## factor(fuel)Petrol:factor(owner)Second Owner                          0.600422
## factor(fuel)Diesel:factor(owner)Test Drive Car                         < 2e-16
## factor(fuel)LPG:factor(owner)Test Drive Car                                 NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                              NA
## factor(fuel)Diesel:factor(owner)Third Owner                           0.947250
## factor(fuel)LPG:factor(owner)Third Owner                              0.620524
## factor(fuel)Petrol:factor(owner)Third Owner                           0.957061
## factor(seller_type)Individual:factor(transmission)Manual              0.299166
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        6.04e-05
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner             NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner       NA
## factor(seller_type)Individual:factor(owner)Second Owner               0.102540
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         5.85e-05
## factor(seller_type)Individual:factor(owner)Test Drive Car                   NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car             NA
## factor(seller_type)Individual:factor(owner)Third Owner                0.057189
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                NA
## factor(seller_type)Individual:mileage                                 1.83e-06
## factor(seller_type)Trustmark Dealer:mileage                           0.462135
## factor(seller_type)Individual:engine                                  1.05e-05
## factor(seller_type)Trustmark Dealer:engine                            3.59e-06
## factor(seller_type)Individual:max_power                                < 2e-16
## factor(seller_type)Trustmark Dealer:max_power                         0.154007
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          0.001445
## factor(transmission)Manual:factor(owner)Second Owner                  0.004829
## factor(transmission)Manual:factor(owner)Test Drive Car                      NA
## factor(transmission)Manual:factor(owner)Third Owner                   2.80e-07
## factor(transmission)Manual:mileage                                    0.000279
## factor(transmission)Manual:engine                                      < 2e-16
## factor(transmission)Manual:max_power                                   < 2e-16
## factor(transmission)Manual:seats                                      0.064863
## factor(transmission)Manual:torque_rpm                                  < 2e-16
## factor(owner)Fourth & Above Owner:mileage                             0.104547
## factor(owner)Second Owner:mileage                                     0.555839
## factor(owner)Test Drive Car:mileage                                    < 2e-16
## factor(owner)Third Owner:mileage                                      0.591576
## factor(owner)Fourth & Above Owner:engine                              0.053590
## factor(owner)Second Owner:engine                                      0.902132
## factor(owner)Test Drive Car:engine                                          NA
## factor(owner)Third Owner:engine                                       0.404819
## mileage:engine                                                        0.000231
## mileage:max_power                                                     1.96e-06
## engine:max_power                                                      3.54e-10
## engine:torque_rpm                                                      < 2e-16
## max_power:seats                                                       1.28e-07
## max_power:torque_rpm                                                  2.38e-06
##                                                                          
## (Intercept)                                                           *  
## year                                                                  .  
## km_driven                                                             ***
## factor(fuel)Diesel                                                    ***
## factor(fuel)LPG                                                          
## factor(fuel)Petrol                                                       
## factor(seller_type)Individual                                         ***
## factor(seller_type)Trustmark Dealer                                      
## factor(transmission)Manual                                            ***
## factor(owner)Fourth & Above Owner                                     .  
## factor(owner)Second Owner                                                
## factor(owner)Test Drive Car                                           ***
## factor(owner)Third Owner                                              *  
## mileage                                                               ***
## engine                                                                ** 
## max_power                                                             ***
## seats                                                                 ***
## torque_rpm                                                            ***
## year:km_driven                                                        ***
## year:factor(seller_type)Individual                                    ***
## year:factor(seller_type)Trustmark Dealer                                 
## year:factor(transmission)Manual                                       ***
## year:mileage                                                          ***
## year:engine                                                           ** 
## year:max_power                                                        ***
## year:torque_rpm                                                       ***
## km_driven:factor(seller_type)Individual                               ***
## km_driven:factor(seller_type)Trustmark Dealer                         *  
## km_driven:factor(transmission)Manual                                  ***
## km_driven:max_power                                                   ***
## factor(fuel)Diesel:factor(transmission)Manual                         ***
## factor(fuel)LPG:factor(transmission)Manual                               
## factor(fuel)Petrol:factor(transmission)Manual                            
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                     
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                        
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                     
## factor(fuel)Diesel:factor(owner)Second Owner                             
## factor(fuel)LPG:factor(owner)Second Owner                                
## factor(fuel)Petrol:factor(owner)Second Owner                             
## factor(fuel)Diesel:factor(owner)Test Drive Car                        ***
## factor(fuel)LPG:factor(owner)Test Drive Car                              
## factor(fuel)Petrol:factor(owner)Test Drive Car                           
## factor(fuel)Diesel:factor(owner)Third Owner                              
## factor(fuel)LPG:factor(owner)Third Owner                                 
## factor(fuel)Petrol:factor(owner)Third Owner                              
## factor(seller_type)Individual:factor(transmission)Manual                 
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        ***
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner          
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner    
## factor(seller_type)Individual:factor(owner)Second Owner                  
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         ***
## factor(seller_type)Individual:factor(owner)Test Drive Car                
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car          
## factor(seller_type)Individual:factor(owner)Third Owner                .  
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner             
## factor(seller_type)Individual:mileage                                 ***
## factor(seller_type)Trustmark Dealer:mileage                              
## factor(seller_type)Individual:engine                                  ***
## factor(seller_type)Trustmark Dealer:engine                            ***
## factor(seller_type)Individual:max_power                               ***
## factor(seller_type)Trustmark Dealer:max_power                            
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          ** 
## factor(transmission)Manual:factor(owner)Second Owner                  ** 
## factor(transmission)Manual:factor(owner)Test Drive Car                   
## factor(transmission)Manual:factor(owner)Third Owner                   ***
## factor(transmission)Manual:mileage                                    ***
## factor(transmission)Manual:engine                                     ***
## factor(transmission)Manual:max_power                                  ***
## factor(transmission)Manual:seats                                      .  
## factor(transmission)Manual:torque_rpm                                 ***
## factor(owner)Fourth & Above Owner:mileage                                
## factor(owner)Second Owner:mileage                                        
## factor(owner)Test Drive Car:mileage                                   ***
## factor(owner)Third Owner:mileage                                         
## factor(owner)Fourth & Above Owner:engine                              .  
## factor(owner)Second Owner:engine                                         
## factor(owner)Test Drive Car:engine                                       
## factor(owner)Third Owner:engine                                          
## mileage:engine                                                        ***
## mileage:max_power                                                     ***
## engine:max_power                                                      ***
## engine:torque_rpm                                                     ***
## max_power:seats                                                       ***
## max_power:torque_rpm                                                  ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 237900 on 7782 degrees of freedom
## Multiple R-squared:  0.9093, Adjusted R-squared:  0.9085 
## F-statistic:  1084 on 72 and 7782 DF,  p-value: < 2.2e-16
reducedint3 = lm(log(selling_price)~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)

Partial F-test on interaction model

anova(reducedint2, reducedint)
summary(reducedint2)
## 
## Call:
## lm(formula = selling_price ~ year + km_driven + factor(fuel) + 
##     factor(seller_type) + factor(transmission) + factor(owner) + 
##     mileage + engine + max_power + seats + torque_rpm + year * 
##     km_driven + year * factor(seller_type) + year * factor(transmission) + 
##     year * mileage + year * engine + year * max_power + year * 
##     torque_rpm + km_driven * factor(seller_type) + km_driven * 
##     factor(transmission) + km_driven * max_power + factor(fuel) * 
##     factor(transmission) + factor(fuel) * factor(owner) + factor(seller_type) * 
##     factor(transmission) + factor(seller_type) * factor(owner) + 
##     factor(seller_type) * mileage + factor(seller_type) * engine + 
##     factor(seller_type) * max_power + factor(transmission) * 
##     factor(owner) + factor(transmission) * mileage + factor(transmission) * 
##     engine + factor(transmission) * max_power + factor(transmission) * 
##     seats + factor(transmission) * torque_rpm + factor(owner) * 
##     mileage + factor(owner) * engine + mileage * engine + mileage * 
##     max_power + engine * max_power + engine * torque_rpm + max_power * 
##     seats + max_power * torque_rpm, data = car_dataset)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -2823325   -82100    -3035    81121  2124031 
## 
## Coefficients: (11 not defined because of singularities)
##                                                                         Estimate
## (Intercept)                                                           -4.410e+07
## year                                                                   2.043e+04
## km_driven                                                              2.099e+02
## factor(fuel)Diesel                                                     4.621e+05
## factor(fuel)LPG                                                       -3.421e+04
## factor(fuel)Petrol                                                    -6.874e+04
## factor(seller_type)Individual                                          5.169e+07
## factor(seller_type)Trustmark Dealer                                    4.170e+07
## factor(transmission)Manual                                             9.040e+07
## factor(owner)Fourth & Above Owner                                      6.515e+05
## factor(owner)Second Owner                                              4.965e+04
## factor(owner)Test Drive Car                                            3.817e+07
## factor(owner)Third Owner                                               6.300e+05
## mileage                                                               -3.408e+06
## engine                                                                 1.869e+04
## max_power                                                             -2.664e+06
## seats                                                                  1.073e+05
## torque_rpm                                                             2.099e+04
## year:km_driven                                                        -1.065e-01
## year:factor(seller_type)Individual                                    -2.539e+04
## year:factor(seller_type)Trustmark Dealer                              -2.114e+04
## year:factor(transmission)Manual                                       -4.400e+04
## year:mileage                                                           1.709e+03
## year:engine                                                           -9.416e+00
## year:max_power                                                         1.335e+03
## year:torque_rpm                                                       -1.029e+01
## km_driven:factor(seller_type)Individual                                1.755e+00
## km_driven:factor(seller_type)Trustmark Dealer                          3.866e+00
## km_driven:factor(transmission)Manual                                   3.210e+00
## km_driven:max_power                                                   -8.784e-03
## factor(fuel)Diesel:factor(transmission)Manual                         -4.418e+05
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   1.540e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      6.880e+03
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   2.126e+04
## factor(fuel)Diesel:factor(owner)Second Owner                           3.694e+04
## factor(fuel)LPG:factor(owner)Second Owner                             -3.817e+04
## factor(fuel)Petrol:factor(owner)Second Owner                           3.949e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.360e+07
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.156e+04
## factor(fuel)LPG:factor(owner)Third Owner                              -1.054e+05
## factor(fuel)Petrol:factor(owner)Third Owner                            9.407e+03
## factor(seller_type)Individual:factor(transmission)Manual               2.746e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         2.399e+05
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner               -4.810e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         -4.833e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                -2.314e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                 -1.343e+04
## factor(seller_type)Trustmark Dealer:mileage                            7.107e+03
## factor(seller_type)Individual:engine                                   1.630e+02
## factor(seller_type)Trustmark Dealer:engine                             5.313e+02
## factor(seller_type)Individual:max_power                               -6.796e+03
## factor(seller_type)Trustmark Dealer:max_power                         -3.118e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          -3.295e+05
## factor(transmission)Manual:factor(owner)Second Owner                  -8.297e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                   -3.364e+05
## factor(transmission)Manual:mileage                                    -1.735e+04
## factor(transmission)Manual:engine                                      5.098e+02
## factor(transmission)Manual:max_power                                  -1.450e+04
## factor(transmission)Manual:seats                                      -3.607e+04
## factor(transmission)Manual:torque_rpm                                 -1.685e+02
## factor(owner)Fourth & Above Owner:mileage                             -1.446e+04
## factor(owner)Second Owner:mileage                                      1.648e+03
## factor(owner)Test Drive Car:mileage                                   -2.331e+06
## factor(owner)Third Owner:mileage                                      -2.785e+03
## factor(owner)Fourth & Above Owner:engine                              -1.385e+02
## factor(owner)Second Owner:engine                                      -3.141e+00
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                       -3.611e+01
## mileage:engine                                                        -1.241e+01
## mileage:max_power                                                      1.789e+02
## engine:max_power                                                       1.768e+00
## engine:torque_rpm                                                     -1.366e-01
## max_power:seats                                                       -6.986e+02
## max_power:torque_rpm                                                   1.027e+00
##                                                                       Std. Error
## (Intercept)                                                            2.214e+07
## year                                                                   1.103e+04
## km_driven                                                              2.986e+01
## factor(fuel)Diesel                                                     5.626e+04
## factor(fuel)LPG                                                        7.184e+04
## factor(fuel)Petrol                                                     4.315e+04
## factor(seller_type)Individual                                          7.825e+06
## factor(seller_type)Trustmark Dealer                                    4.224e+07
## factor(transmission)Manual                                             9.854e+06
## factor(owner)Fourth & Above Owner                                      3.419e+05
## factor(owner)Second Owner                                              1.273e+05
## factor(owner)Test Drive Car                                            3.504e+06
## factor(owner)Third Owner                                               2.714e+05
## mileage                                                                6.072e+05
## engine                                                                 6.493e+03
## max_power                                                              8.616e+04
## seats                                                                  2.682e+04
## torque_rpm                                                             1.818e+03
## year:km_driven                                                         1.483e-02
## year:factor(seller_type)Individual                                     3.890e+03
## year:factor(seller_type)Trustmark Dealer                               2.093e+04
## year:factor(transmission)Manual                                        4.913e+03
## year:mileage                                                           3.011e+02
## year:engine                                                            3.227e+00
## year:max_power                                                         4.287e+01
## year:torque_rpm                                                        9.012e-01
## km_driven:factor(seller_type)Individual                                3.231e-01
## km_driven:factor(seller_type)Trustmark Dealer                          1.805e+00
## km_driven:factor(transmission)Manual                                   3.580e-01
## km_driven:max_power                                                    2.035e-03
## factor(fuel)Diesel:factor(transmission)Manual                          4.060e+04
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   2.501e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      3.444e+05
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   2.441e+05
## factor(fuel)Diesel:factor(owner)Second Owner                           7.421e+04
## factor(fuel)LPG:factor(owner)Second Owner                              1.178e+05
## factor(fuel)Petrol:factor(owner)Second Owner                           7.539e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.525e+06
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.747e+05
## factor(fuel)LPG:factor(owner)Third Owner                               2.129e+05
## factor(fuel)Petrol:factor(owner)Third Owner                            1.747e+05
## factor(seller_type)Individual:factor(transmission)Manual               2.644e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         5.978e+04
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner                2.946e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          1.202e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                 1.217e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                  2.814e+03
## factor(seller_type)Trustmark Dealer:mileage                            9.664e+03
## factor(seller_type)Individual:engine                                   3.696e+01
## factor(seller_type)Trustmark Dealer:engine                             1.146e+02
## factor(seller_type)Individual:max_power                                4.551e+02
## factor(seller_type)Trustmark Dealer:max_power                          2.187e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           1.034e+05
## factor(transmission)Manual:factor(owner)Second Owner                   2.943e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                    6.542e+04
## factor(transmission)Manual:mileage                                     4.772e+03
## factor(transmission)Manual:engine                                      5.478e+01
## factor(transmission)Manual:max_power                                   5.400e+02
## factor(transmission)Manual:seats                                       1.954e+04
## factor(transmission)Manual:torque_rpm                                  1.716e+01
## factor(owner)Fourth & Above Owner:mileage                              8.909e+03
## factor(owner)Second Owner:mileage                                      2.797e+03
## factor(owner)Test Drive Car:mileage                                    2.247e+05
## factor(owner)Third Owner:mileage                                       5.190e+03
## factor(owner)Fourth & Above Owner:engine                               7.174e+01
## factor(owner)Second Owner:engine                                       2.554e+01
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        4.335e+01
## mileage:engine                                                         3.368e+00
## mileage:max_power                                                      3.758e+01
## engine:max_power                                                       2.815e-01
## engine:torque_rpm                                                      1.609e-02
## max_power:seats                                                        1.321e+02
## max_power:torque_rpm                                                   2.174e-01
##                                                                       t value
## (Intercept)                                                            -1.992
## year                                                                    1.852
## km_driven                                                               7.031
## factor(fuel)Diesel                                                      8.213
## factor(fuel)LPG                                                        -0.476
## factor(fuel)Petrol                                                     -1.593
## factor(seller_type)Individual                                           6.606
## factor(seller_type)Trustmark Dealer                                     0.987
## factor(transmission)Manual                                              9.174
## factor(owner)Fourth & Above Owner                                       1.906
## factor(owner)Second Owner                                               0.390
## factor(owner)Test Drive Car                                            10.893
## factor(owner)Third Owner                                                2.321
## mileage                                                                -5.613
## engine                                                                  2.879
## max_power                                                             -30.922
## seats                                                                   4.001
## torque_rpm                                                             11.547
## year:km_driven                                                         -7.181
## year:factor(seller_type)Individual                                     -6.526
## year:factor(seller_type)Trustmark Dealer                               -1.010
## year:factor(transmission)Manual                                        -8.955
## year:mileage                                                            5.677
## year:engine                                                            -2.918
## year:max_power                                                         31.130
## year:torque_rpm                                                       -11.418
## km_driven:factor(seller_type)Individual                                 5.432
## km_driven:factor(seller_type)Trustmark Dealer                           2.142
## km_driven:factor(transmission)Manual                                    8.968
## km_driven:max_power                                                    -4.317
## factor(fuel)Diesel:factor(transmission)Manual                         -10.880
## factor(fuel)LPG:factor(transmission)Manual                                 NA
## factor(fuel)Petrol:factor(transmission)Manual                              NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                    0.615
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                       0.020
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                    0.087
## factor(fuel)Diesel:factor(owner)Second Owner                            0.498
## factor(fuel)LPG:factor(owner)Second Owner                              -0.324
## factor(fuel)Petrol:factor(owner)Second Owner                            0.524
## factor(fuel)Diesel:factor(owner)Test Drive Car                          8.918
## factor(fuel)LPG:factor(owner)Test Drive Car                                NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                             NA
## factor(fuel)Diesel:factor(owner)Third Owner                             0.066
## factor(fuel)LPG:factor(owner)Third Owner                               -0.495
## factor(fuel)Petrol:factor(owner)Third Owner                             0.054
## factor(seller_type)Individual:factor(transmission)Manual                1.038
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual          4.013
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner            NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner      NA
## factor(seller_type)Individual:factor(owner)Second Owner                -1.633
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          -4.021
## factor(seller_type)Individual:factor(owner)Test Drive Car                  NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car            NA
## factor(seller_type)Individual:factor(owner)Third Owner                 -1.902
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner               NA
## factor(seller_type)Individual:mileage                                  -4.775
## factor(seller_type)Trustmark Dealer:mileage                             0.735
## factor(seller_type)Individual:engine                                    4.409
## factor(seller_type)Trustmark Dealer:engine                              4.637
## factor(seller_type)Individual:max_power                               -14.934
## factor(seller_type)Trustmark Dealer:max_power                          -1.426
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           -3.187
## factor(transmission)Manual:factor(owner)Second Owner                   -2.819
## factor(transmission)Manual:factor(owner)Test Drive Car                     NA
## factor(transmission)Manual:factor(owner)Third Owner                    -5.141
## factor(transmission)Manual:mileage                                     -3.635
## factor(transmission)Manual:engine                                       9.307
## factor(transmission)Manual:max_power                                  -26.858
## factor(transmission)Manual:seats                                       -1.846
## factor(transmission)Manual:torque_rpm                                  -9.814
## factor(owner)Fourth & Above Owner:mileage                              -1.623
## factor(owner)Second Owner:mileage                                       0.589
## factor(owner)Test Drive Car:mileage                                   -10.376
## factor(owner)Third Owner:mileage                                       -0.537
## factor(owner)Fourth & Above Owner:engine                               -1.930
## factor(owner)Second Owner:engine                                       -0.123
## factor(owner)Test Drive Car:engine                                         NA
## factor(owner)Third Owner:engine                                        -0.833
## mileage:engine                                                         -3.684
## mileage:max_power                                                       4.761
## engine:max_power                                                        6.281
## engine:torque_rpm                                                      -8.492
## max_power:seats                                                        -5.287
## max_power:torque_rpm                                                    4.722
##                                                                       Pr(>|t|)
## (Intercept)                                                           0.046412
## year                                                                  0.064011
## km_driven                                                             2.22e-12
## factor(fuel)Diesel                                                    2.50e-16
## factor(fuel)LPG                                                       0.633916
## factor(fuel)Petrol                                                    0.111183
## factor(seller_type)Individual                                         4.21e-11
## factor(seller_type)Trustmark Dealer                                   0.323559
## factor(transmission)Manual                                             < 2e-16
## factor(owner)Fourth & Above Owner                                     0.056738
## factor(owner)Second Owner                                             0.696527
## factor(owner)Test Drive Car                                            < 2e-16
## factor(owner)Third Owner                                              0.020287
## mileage                                                               2.05e-08
## engine                                                                0.004005
## max_power                                                              < 2e-16
## seats                                                                 6.37e-05
## torque_rpm                                                             < 2e-16
## year:km_driven                                                        7.54e-13
## year:factor(seller_type)Individual                                    7.18e-11
## year:factor(seller_type)Trustmark Dealer                              0.312619
## year:factor(transmission)Manual                                        < 2e-16
## year:mileage                                                          1.42e-08
## year:engine                                                           0.003531
## year:max_power                                                         < 2e-16
## year:torque_rpm                                                        < 2e-16
## km_driven:factor(seller_type)Individual                               5.75e-08
## km_driven:factor(seller_type)Trustmark Dealer                         0.032220
## km_driven:factor(transmission)Manual                                   < 2e-16
## km_driven:max_power                                                   1.60e-05
## factor(fuel)Diesel:factor(transmission)Manual                          < 2e-16
## factor(fuel)LPG:factor(transmission)Manual                                  NA
## factor(fuel)Petrol:factor(transmission)Manual                               NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                  0.538269
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     0.984062
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  0.930614
## factor(fuel)Diesel:factor(owner)Second Owner                          0.618620
## factor(fuel)LPG:factor(owner)Second Owner                             0.745973
## factor(fuel)Petrol:factor(owner)Second Owner                          0.600422
## factor(fuel)Diesel:factor(owner)Test Drive Car                         < 2e-16
## factor(fuel)LPG:factor(owner)Test Drive Car                                 NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                              NA
## factor(fuel)Diesel:factor(owner)Third Owner                           0.947250
## factor(fuel)LPG:factor(owner)Third Owner                              0.620524
## factor(fuel)Petrol:factor(owner)Third Owner                           0.957061
## factor(seller_type)Individual:factor(transmission)Manual              0.299166
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        6.04e-05
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner             NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner       NA
## factor(seller_type)Individual:factor(owner)Second Owner               0.102540
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         5.85e-05
## factor(seller_type)Individual:factor(owner)Test Drive Car                   NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car             NA
## factor(seller_type)Individual:factor(owner)Third Owner                0.057189
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                NA
## factor(seller_type)Individual:mileage                                 1.83e-06
## factor(seller_type)Trustmark Dealer:mileage                           0.462135
## factor(seller_type)Individual:engine                                  1.05e-05
## factor(seller_type)Trustmark Dealer:engine                            3.59e-06
## factor(seller_type)Individual:max_power                                < 2e-16
## factor(seller_type)Trustmark Dealer:max_power                         0.154007
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          0.001445
## factor(transmission)Manual:factor(owner)Second Owner                  0.004829
## factor(transmission)Manual:factor(owner)Test Drive Car                      NA
## factor(transmission)Manual:factor(owner)Third Owner                   2.80e-07
## factor(transmission)Manual:mileage                                    0.000279
## factor(transmission)Manual:engine                                      < 2e-16
## factor(transmission)Manual:max_power                                   < 2e-16
## factor(transmission)Manual:seats                                      0.064863
## factor(transmission)Manual:torque_rpm                                  < 2e-16
## factor(owner)Fourth & Above Owner:mileage                             0.104547
## factor(owner)Second Owner:mileage                                     0.555839
## factor(owner)Test Drive Car:mileage                                    < 2e-16
## factor(owner)Third Owner:mileage                                      0.591576
## factor(owner)Fourth & Above Owner:engine                              0.053590
## factor(owner)Second Owner:engine                                      0.902132
## factor(owner)Test Drive Car:engine                                          NA
## factor(owner)Third Owner:engine                                       0.404819
## mileage:engine                                                        0.000231
## mileage:max_power                                                     1.96e-06
## engine:max_power                                                      3.54e-10
## engine:torque_rpm                                                      < 2e-16
## max_power:seats                                                       1.28e-07
## max_power:torque_rpm                                                  2.38e-06
##                                                                          
## (Intercept)                                                           *  
## year                                                                  .  
## km_driven                                                             ***
## factor(fuel)Diesel                                                    ***
## factor(fuel)LPG                                                          
## factor(fuel)Petrol                                                       
## factor(seller_type)Individual                                         ***
## factor(seller_type)Trustmark Dealer                                      
## factor(transmission)Manual                                            ***
## factor(owner)Fourth & Above Owner                                     .  
## factor(owner)Second Owner                                                
## factor(owner)Test Drive Car                                           ***
## factor(owner)Third Owner                                              *  
## mileage                                                               ***
## engine                                                                ** 
## max_power                                                             ***
## seats                                                                 ***
## torque_rpm                                                            ***
## year:km_driven                                                        ***
## year:factor(seller_type)Individual                                    ***
## year:factor(seller_type)Trustmark Dealer                                 
## year:factor(transmission)Manual                                       ***
## year:mileage                                                          ***
## year:engine                                                           ** 
## year:max_power                                                        ***
## year:torque_rpm                                                       ***
## km_driven:factor(seller_type)Individual                               ***
## km_driven:factor(seller_type)Trustmark Dealer                         *  
## km_driven:factor(transmission)Manual                                  ***
## km_driven:max_power                                                   ***
## factor(fuel)Diesel:factor(transmission)Manual                         ***
## factor(fuel)LPG:factor(transmission)Manual                               
## factor(fuel)Petrol:factor(transmission)Manual                            
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                     
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                        
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                     
## factor(fuel)Diesel:factor(owner)Second Owner                             
## factor(fuel)LPG:factor(owner)Second Owner                                
## factor(fuel)Petrol:factor(owner)Second Owner                             
## factor(fuel)Diesel:factor(owner)Test Drive Car                        ***
## factor(fuel)LPG:factor(owner)Test Drive Car                              
## factor(fuel)Petrol:factor(owner)Test Drive Car                           
## factor(fuel)Diesel:factor(owner)Third Owner                              
## factor(fuel)LPG:factor(owner)Third Owner                                 
## factor(fuel)Petrol:factor(owner)Third Owner                              
## factor(seller_type)Individual:factor(transmission)Manual                 
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        ***
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner          
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner    
## factor(seller_type)Individual:factor(owner)Second Owner                  
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         ***
## factor(seller_type)Individual:factor(owner)Test Drive Car                
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car          
## factor(seller_type)Individual:factor(owner)Third Owner                .  
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner             
## factor(seller_type)Individual:mileage                                 ***
## factor(seller_type)Trustmark Dealer:mileage                              
## factor(seller_type)Individual:engine                                  ***
## factor(seller_type)Trustmark Dealer:engine                            ***
## factor(seller_type)Individual:max_power                               ***
## factor(seller_type)Trustmark Dealer:max_power                            
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          ** 
## factor(transmission)Manual:factor(owner)Second Owner                  ** 
## factor(transmission)Manual:factor(owner)Test Drive Car                   
## factor(transmission)Manual:factor(owner)Third Owner                   ***
## factor(transmission)Manual:mileage                                    ***
## factor(transmission)Manual:engine                                     ***
## factor(transmission)Manual:max_power                                  ***
## factor(transmission)Manual:seats                                      .  
## factor(transmission)Manual:torque_rpm                                 ***
## factor(owner)Fourth & Above Owner:mileage                                
## factor(owner)Second Owner:mileage                                        
## factor(owner)Test Drive Car:mileage                                   ***
## factor(owner)Third Owner:mileage                                         
## factor(owner)Fourth & Above Owner:engine                              .  
## factor(owner)Second Owner:engine                                         
## factor(owner)Test Drive Car:engine                                       
## factor(owner)Third Owner:engine                                          
## mileage:engine                                                        ***
## mileage:max_power                                                     ***
## engine:max_power                                                      ***
## engine:torque_rpm                                                     ***
## max_power:seats                                                       ***
## max_power:torque_rpm                                                  ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 237900 on 7782 degrees of freedom
## Multiple R-squared:  0.9093, Adjusted R-squared:  0.9085 
## F-statistic:  1084 on 72 and 7782 DF,  p-value: < 2.2e-16

Higher order

reducedint2_quad = lm(selling_price~year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+I(engine^2)+max_power+I(max_power^2)+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)

summary(reducedint2_quad)
## 
## Call:
## lm(formula = selling_price ~ year + km_driven + factor(fuel) + 
##     factor(seller_type) + factor(transmission) + factor(owner) + 
##     mileage + engine + I(engine^2) + max_power + I(max_power^2) + 
##     seats + torque_rpm + year * km_driven + year * factor(seller_type) + 
##     year * factor(transmission) + year * mileage + year * engine + 
##     year * max_power + year * torque_rpm + km_driven * factor(seller_type) + 
##     km_driven * factor(transmission) + km_driven * max_power + 
##     factor(fuel) * factor(transmission) + factor(fuel) * factor(owner) + 
##     factor(seller_type) * factor(transmission) + factor(seller_type) * 
##     factor(owner) + factor(seller_type) * mileage + factor(seller_type) * 
##     engine + factor(seller_type) * max_power + factor(transmission) * 
##     factor(owner) + factor(transmission) * mileage + factor(transmission) * 
##     engine + factor(transmission) * max_power + factor(transmission) * 
##     seats + factor(transmission) * torque_rpm + factor(owner) * 
##     mileage + factor(owner) * engine + mileage * engine + mileage * 
##     max_power + engine * max_power + engine * torque_rpm + max_power * 
##     seats + max_power * torque_rpm, data = car_dataset)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -2785325   -82344    -2261    79920  2142333 
## 
## Coefficients: (11 not defined because of singularities)
##                                                                         Estimate
## (Intercept)                                                           -5.463e+07
## year                                                                   2.539e+04
## km_driven                                                              2.212e+02
## factor(fuel)Diesel                                                     4.473e+05
## factor(fuel)LPG                                                       -3.152e+04
## factor(fuel)Petrol                                                    -5.578e+04
## factor(seller_type)Individual                                          5.326e+07
## factor(seller_type)Trustmark Dealer                                    3.558e+07
## factor(transmission)Manual                                             8.760e+07
## factor(owner)Fourth & Above Owner                                      6.678e+05
## factor(owner)Second Owner                                              5.399e+04
## factor(owner)Test Drive Car                                            3.856e+07
## factor(owner)Third Owner                                               6.089e+05
## mileage                                                               -2.955e+06
## engine                                                                 1.870e+04
## I(engine^2)                                                           -1.781e-01
## max_power                                                             -2.714e+06
## I(max_power^2)                                                        -1.784e+01
## seats                                                                  1.532e+05
## torque_rpm                                                             2.344e+04
## year:km_driven                                                        -1.121e-01
## year:factor(seller_type)Individual                                    -2.620e+04
## year:factor(seller_type)Trustmark Dealer                              -1.820e+04
## year:factor(transmission)Manual                                       -4.256e+04
## year:mileage                                                           1.488e+03
## year:engine                                                           -9.143e+00
## year:max_power                                                         1.358e+03
## year:torque_rpm                                                       -1.150e+01
## km_driven:factor(seller_type)Individual                                1.663e+00
## km_driven:factor(seller_type)Trustmark Dealer                          4.353e+00
## km_driven:factor(transmission)Manual                                   3.200e+00
## km_driven:max_power                                                   -8.463e-03
## factor(fuel)Diesel:factor(transmission)Manual                         -4.386e+05
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   1.446e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     -4.798e+02
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   8.112e+03
## factor(fuel)Diesel:factor(owner)Second Owner                           4.660e+04
## factor(fuel)LPG:factor(owner)Second Owner                             -2.366e+04
## factor(fuel)Petrol:factor(owner)Second Owner                           4.465e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.375e+07
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.842e+04
## factor(fuel)LPG:factor(owner)Third Owner                              -8.707e+04
## factor(fuel)Petrol:factor(owner)Third Owner                            1.339e+04
## factor(seller_type)Individual:factor(transmission)Manual               2.052e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         2.213e+05
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner               -5.021e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         -4.914e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                -2.289e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                 -1.166e+04
## factor(seller_type)Trustmark Dealer:mileage                            1.296e+04
## factor(seller_type)Individual:engine                                   1.861e+02
## factor(seller_type)Trustmark Dealer:engine                             5.169e+02
## factor(seller_type)Individual:max_power                               -6.839e+03
## factor(seller_type)Trustmark Dealer:max_power                         -1.929e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          -3.513e+05
## factor(transmission)Manual:factor(owner)Second Owner                  -8.739e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                   -3.432e+05
## factor(transmission)Manual:mileage                                    -1.739e+04
## factor(transmission)Manual:engine                                      6.451e+02
## factor(transmission)Manual:max_power                                  -1.635e+04
## factor(transmission)Manual:seats                                      -5.708e+04
## factor(transmission)Manual:torque_rpm                                 -1.666e+02
## factor(owner)Fourth & Above Owner:mileage                             -1.364e+04
## factor(owner)Second Owner:mileage                                      1.726e+03
## factor(owner)Test Drive Car:mileage                                   -2.356e+06
## factor(owner)Third Owner:mileage                                      -1.896e+03
## factor(owner)Fourth & Above Owner:engine                              -1.385e+02
## factor(owner)Second Owner:engine                                      -8.887e+00
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                       -3.444e+01
## mileage:engine                                                        -2.785e+01
## mileage:max_power                                                      3.217e+02
## engine:max_power                                                       4.970e+00
## engine:torque_rpm                                                     -1.782e-01
## max_power:seats                                                       -1.011e+03
## max_power:torque_rpm                                                   1.427e+00
##                                                                       Std. Error
## (Intercept)                                                            2.226e+07
## year                                                                   1.108e+04
## km_driven                                                              2.987e+01
## factor(fuel)Diesel                                                     5.616e+04
## factor(fuel)LPG                                                        7.167e+04
## factor(fuel)Petrol                                                     4.324e+04
## factor(seller_type)Individual                                          7.810e+06
## factor(seller_type)Trustmark Dealer                                    4.213e+07
## factor(transmission)Manual                                             9.888e+06
## factor(owner)Fourth & Above Owner                                      3.410e+05
## factor(owner)Second Owner                                              1.270e+05
## factor(owner)Test Drive Car                                            3.495e+06
## factor(owner)Third Owner                                               2.706e+05
## mileage                                                                6.097e+05
## engine                                                                 6.476e+03
## I(engine^2)                                                            3.014e-02
## max_power                                                              8.625e+04
## I(max_power^2)                                                         4.142e+00
## seats                                                                  2.842e+04
## torque_rpm                                                             1.863e+03
## year:km_driven                                                         1.483e-02
## year:factor(seller_type)Individual                                     3.883e+03
## year:factor(seller_type)Trustmark Dealer                               2.088e+04
## year:factor(transmission)Manual                                        4.932e+03
## year:mileage                                                           3.023e+02
## year:engine                                                            3.218e+00
## year:max_power                                                         4.292e+01
## year:torque_rpm                                                        9.233e-01
## km_driven:factor(seller_type)Individual                                3.226e-01
## km_driven:factor(seller_type)Trustmark Dealer                          1.802e+00
## km_driven:factor(transmission)Manual                                   3.574e-01
## km_driven:max_power                                                    2.032e-03
## factor(fuel)Diesel:factor(transmission)Manual                          4.049e+04
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   2.495e+05
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      3.434e+05
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   2.435e+05
## factor(fuel)Diesel:factor(owner)Second Owner                           7.403e+04
## factor(fuel)LPG:factor(owner)Second Owner                              1.175e+05
## factor(fuel)Petrol:factor(owner)Second Owner                           7.519e+04
## factor(fuel)Diesel:factor(owner)Test Drive Car                         1.521e+06
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            1.742e+05
## factor(fuel)LPG:factor(owner)Third Owner                               2.123e+05
## factor(fuel)Petrol:factor(owner)Third Owner                            1.742e+05
## factor(seller_type)Individual:factor(transmission)Manual               2.639e+04
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         5.970e+04
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner                2.938e+04
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          1.199e+05
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                 1.213e+05
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                  2.851e+03
## factor(seller_type)Trustmark Dealer:mileage                            9.676e+03
## factor(seller_type)Individual:engine                                   3.701e+01
## factor(seller_type)Trustmark Dealer:engine                             1.143e+02
## factor(seller_type)Individual:max_power                                4.571e+02
## factor(seller_type)Trustmark Dealer:max_power                          2.189e+03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           1.032e+05
## factor(transmission)Manual:factor(owner)Second Owner                   2.935e+04
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                    6.524e+04
## factor(transmission)Manual:mileage                                     4.775e+03
## factor(transmission)Manual:engine                                      6.412e+01
## factor(transmission)Manual:max_power                                   7.254e+02
## factor(transmission)Manual:seats                                       2.022e+04
## factor(transmission)Manual:torque_rpm                                  1.712e+01
## factor(owner)Fourth & Above Owner:mileage                              8.886e+03
## factor(owner)Second Owner:mileage                                      2.790e+03
## factor(owner)Test Drive Car:mileage                                    2.241e+05
## factor(owner)Third Owner:mileage                                       5.179e+03
## factor(owner)Fourth & Above Owner:engine                               7.158e+01
## factor(owner)Second Owner:engine                                       2.548e+01
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        4.323e+01
## mileage:engine                                                         4.095e+00
## mileage:max_power                                                      4.317e+01
## engine:max_power                                                       5.593e-01
## engine:torque_rpm                                                      1.761e-02
## max_power:seats                                                        1.430e+02
## max_power:torque_rpm                                                   2.277e-01
##                                                                       t value
## (Intercept)                                                            -2.454
## year                                                                    2.291
## km_driven                                                               7.408
## factor(fuel)Diesel                                                      7.966
## factor(fuel)LPG                                                        -0.440
## factor(fuel)Petrol                                                     -1.290
## factor(seller_type)Individual                                           6.820
## factor(seller_type)Trustmark Dealer                                     0.845
## factor(transmission)Manual                                              8.859
## factor(owner)Fourth & Above Owner                                       1.959
## factor(owner)Second Owner                                               0.425
## factor(owner)Test Drive Car                                            11.034
## factor(owner)Third Owner                                                2.250
## mileage                                                                -4.847
## engine                                                                  2.888
## I(engine^2)                                                            -5.908
## max_power                                                             -31.467
## I(max_power^2)                                                         -4.308
## seats                                                                   5.392
## torque_rpm                                                             12.584
## year:km_driven                                                         -7.557
## year:factor(seller_type)Individual                                     -6.746
## year:factor(seller_type)Trustmark Dealer                               -0.872
## year:factor(transmission)Manual                                        -8.629
## year:mileage                                                            4.924
## year:engine                                                            -2.842
## year:max_power                                                         31.644
## year:torque_rpm                                                       -12.455
## km_driven:factor(seller_type)Individual                                 5.155
## km_driven:factor(seller_type)Trustmark Dealer                           2.416
## km_driven:factor(transmission)Manual                                    8.954
## km_driven:max_power                                                    -4.164
## factor(fuel)Diesel:factor(transmission)Manual                         -10.830
## factor(fuel)LPG:factor(transmission)Manual                                 NA
## factor(fuel)Petrol:factor(transmission)Manual                              NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                    0.580
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      -0.001
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                    0.033
## factor(fuel)Diesel:factor(owner)Second Owner                            0.630
## factor(fuel)LPG:factor(owner)Second Owner                              -0.201
## factor(fuel)Petrol:factor(owner)Second Owner                            0.594
## factor(fuel)Diesel:factor(owner)Test Drive Car                          9.042
## factor(fuel)LPG:factor(owner)Test Drive Car                                NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                             NA
## factor(fuel)Diesel:factor(owner)Third Owner                             0.106
## factor(fuel)LPG:factor(owner)Third Owner                               -0.410
## factor(fuel)Petrol:factor(owner)Third Owner                             0.077
## factor(seller_type)Individual:factor(transmission)Manual                0.778
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual          3.708
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner            NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner      NA
## factor(seller_type)Individual:factor(owner)Second Owner                -1.709
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          -4.098
## factor(seller_type)Individual:factor(owner)Test Drive Car                  NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car            NA
## factor(seller_type)Individual:factor(owner)Third Owner                 -1.887
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner               NA
## factor(seller_type)Individual:mileage                                  -4.090
## factor(seller_type)Trustmark Dealer:mileage                             1.339
## factor(seller_type)Individual:engine                                    5.029
## factor(seller_type)Trustmark Dealer:engine                              4.523
## factor(seller_type)Individual:max_power                               -14.961
## factor(seller_type)Trustmark Dealer:max_power                          -0.881
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           -3.405
## factor(transmission)Manual:factor(owner)Second Owner                   -2.977
## factor(transmission)Manual:factor(owner)Test Drive Car                     NA
## factor(transmission)Manual:factor(owner)Third Owner                    -5.260
## factor(transmission)Manual:mileage                                     -3.643
## factor(transmission)Manual:engine                                      10.061
## factor(transmission)Manual:max_power                                  -22.540
## factor(transmission)Manual:seats                                       -2.822
## factor(transmission)Manual:torque_rpm                                  -9.731
## factor(owner)Fourth & Above Owner:mileage                              -1.535
## factor(owner)Second Owner:mileage                                       0.619
## factor(owner)Test Drive Car:mileage                                   -10.514
## factor(owner)Third Owner:mileage                                       -0.366
## factor(owner)Fourth & Above Owner:engine                               -1.935
## factor(owner)Second Owner:engine                                       -0.349
## factor(owner)Test Drive Car:engine                                         NA
## factor(owner)Third Owner:engine                                        -0.797
## mileage:engine                                                         -6.801
## mileage:max_power                                                       7.451
## engine:max_power                                                        8.886
## engine:torque_rpm                                                     -10.119
## max_power:seats                                                        -7.072
## max_power:torque_rpm                                                    6.267
##                                                                       Pr(>|t|)
## (Intercept)                                                           0.014142
## year                                                                  0.022005
## km_driven                                                             1.42e-13
## factor(fuel)Diesel                                                    1.87e-15
## factor(fuel)LPG                                                       0.660149
## factor(fuel)Petrol                                                    0.197030
## factor(seller_type)Individual                                         9.77e-12
## factor(seller_type)Trustmark Dealer                                   0.398372
## factor(transmission)Manual                                             < 2e-16
## factor(owner)Fourth & Above Owner                                     0.050185
## factor(owner)Second Owner                                             0.670704
## factor(owner)Test Drive Car                                            < 2e-16
## factor(owner)Third Owner                                              0.024474
## mileage                                                               1.28e-06
## engine                                                                0.003888
## I(engine^2)                                                           3.61e-09
## max_power                                                              < 2e-16
## I(max_power^2)                                                        1.67e-05
## seats                                                                 7.18e-08
## torque_rpm                                                             < 2e-16
## year:km_driven                                                        4.59e-14
## year:factor(seller_type)Individual                                    1.63e-11
## year:factor(seller_type)Trustmark Dealer                              0.383234
## year:factor(transmission)Manual                                        < 2e-16
## year:mileage                                                          8.66e-07
## year:engine                                                           0.004500
## year:max_power                                                         < 2e-16
## year:torque_rpm                                                        < 2e-16
## km_driven:factor(seller_type)Individual                               2.59e-07
## km_driven:factor(seller_type)Trustmark Dealer                         0.015697
## km_driven:factor(transmission)Manual                                   < 2e-16
## km_driven:max_power                                                   3.16e-05
## factor(fuel)Diesel:factor(transmission)Manual                          < 2e-16
## factor(fuel)LPG:factor(transmission)Manual                                  NA
## factor(fuel)Petrol:factor(transmission)Manual                               NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                  0.562234
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     0.998885
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  0.973424
## factor(fuel)Diesel:factor(owner)Second Owner                          0.529023
## factor(fuel)LPG:factor(owner)Second Owner                             0.840518
## factor(fuel)Petrol:factor(owner)Second Owner                          0.552587
## factor(fuel)Diesel:factor(owner)Test Drive Car                         < 2e-16
## factor(fuel)LPG:factor(owner)Test Drive Car                                 NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                              NA
## factor(fuel)Diesel:factor(owner)Third Owner                           0.915766
## factor(fuel)LPG:factor(owner)Third Owner                              0.681795
## factor(fuel)Petrol:factor(owner)Third Owner                           0.938724
## factor(seller_type)Individual:factor(transmission)Manual              0.436880
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        0.000210
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner             NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner       NA
## factor(seller_type)Individual:factor(owner)Second Owner               0.087470
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         4.21e-05
## factor(seller_type)Individual:factor(owner)Test Drive Car                   NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car             NA
## factor(seller_type)Individual:factor(owner)Third Owner                0.059190
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                NA
## factor(seller_type)Individual:mileage                                 4.35e-05
## factor(seller_type)Trustmark Dealer:mileage                           0.180597
## factor(seller_type)Individual:engine                                  5.05e-07
## factor(seller_type)Trustmark Dealer:engine                            6.19e-06
## factor(seller_type)Individual:max_power                                < 2e-16
## factor(seller_type)Trustmark Dealer:max_power                         0.378198
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          0.000665
## factor(transmission)Manual:factor(owner)Second Owner                  0.002919
## factor(transmission)Manual:factor(owner)Test Drive Car                      NA
## factor(transmission)Manual:factor(owner)Third Owner                   1.48e-07
## factor(transmission)Manual:mileage                                    0.000272
## factor(transmission)Manual:engine                                      < 2e-16
## factor(transmission)Manual:max_power                                   < 2e-16
## factor(transmission)Manual:seats                                      0.004778
## factor(transmission)Manual:torque_rpm                                  < 2e-16
## factor(owner)Fourth & Above Owner:mileage                             0.124944
## factor(owner)Second Owner:mileage                                     0.536081
## factor(owner)Test Drive Car:mileage                                    < 2e-16
## factor(owner)Third Owner:mileage                                      0.714288
## factor(owner)Fourth & Above Owner:engine                              0.052977
## factor(owner)Second Owner:engine                                      0.727305
## factor(owner)Test Drive Car:engine                                          NA
## factor(owner)Third Owner:engine                                       0.425578
## mileage:engine                                                        1.12e-11
## mileage:max_power                                                     1.02e-13
## engine:max_power                                                       < 2e-16
## engine:torque_rpm                                                      < 2e-16
## max_power:seats                                                       1.66e-12
## max_power:torque_rpm                                                  3.87e-10
##                                                                          
## (Intercept)                                                           *  
## year                                                                  *  
## km_driven                                                             ***
## factor(fuel)Diesel                                                    ***
## factor(fuel)LPG                                                          
## factor(fuel)Petrol                                                       
## factor(seller_type)Individual                                         ***
## factor(seller_type)Trustmark Dealer                                      
## factor(transmission)Manual                                            ***
## factor(owner)Fourth & Above Owner                                     .  
## factor(owner)Second Owner                                                
## factor(owner)Test Drive Car                                           ***
## factor(owner)Third Owner                                              *  
## mileage                                                               ***
## engine                                                                ** 
## I(engine^2)                                                           ***
## max_power                                                             ***
## I(max_power^2)                                                        ***
## seats                                                                 ***
## torque_rpm                                                            ***
## year:km_driven                                                        ***
## year:factor(seller_type)Individual                                    ***
## year:factor(seller_type)Trustmark Dealer                                 
## year:factor(transmission)Manual                                       ***
## year:mileage                                                          ***
## year:engine                                                           ** 
## year:max_power                                                        ***
## year:torque_rpm                                                       ***
## km_driven:factor(seller_type)Individual                               ***
## km_driven:factor(seller_type)Trustmark Dealer                         *  
## km_driven:factor(transmission)Manual                                  ***
## km_driven:max_power                                                   ***
## factor(fuel)Diesel:factor(transmission)Manual                         ***
## factor(fuel)LPG:factor(transmission)Manual                               
## factor(fuel)Petrol:factor(transmission)Manual                            
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                     
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                        
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                     
## factor(fuel)Diesel:factor(owner)Second Owner                             
## factor(fuel)LPG:factor(owner)Second Owner                                
## factor(fuel)Petrol:factor(owner)Second Owner                             
## factor(fuel)Diesel:factor(owner)Test Drive Car                        ***
## factor(fuel)LPG:factor(owner)Test Drive Car                              
## factor(fuel)Petrol:factor(owner)Test Drive Car                           
## factor(fuel)Diesel:factor(owner)Third Owner                              
## factor(fuel)LPG:factor(owner)Third Owner                                 
## factor(fuel)Petrol:factor(owner)Third Owner                              
## factor(seller_type)Individual:factor(transmission)Manual                 
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        ***
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner          
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner    
## factor(seller_type)Individual:factor(owner)Second Owner               .  
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         ***
## factor(seller_type)Individual:factor(owner)Test Drive Car                
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car          
## factor(seller_type)Individual:factor(owner)Third Owner                .  
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner             
## factor(seller_type)Individual:mileage                                 ***
## factor(seller_type)Trustmark Dealer:mileage                              
## factor(seller_type)Individual:engine                                  ***
## factor(seller_type)Trustmark Dealer:engine                            ***
## factor(seller_type)Individual:max_power                               ***
## factor(seller_type)Trustmark Dealer:max_power                            
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          ***
## factor(transmission)Manual:factor(owner)Second Owner                  ** 
## factor(transmission)Manual:factor(owner)Test Drive Car                   
## factor(transmission)Manual:factor(owner)Third Owner                   ***
## factor(transmission)Manual:mileage                                    ***
## factor(transmission)Manual:engine                                     ***
## factor(transmission)Manual:max_power                                  ***
## factor(transmission)Manual:seats                                      ** 
## factor(transmission)Manual:torque_rpm                                 ***
## factor(owner)Fourth & Above Owner:mileage                                
## factor(owner)Second Owner:mileage                                        
## factor(owner)Test Drive Car:mileage                                   ***
## factor(owner)Third Owner:mileage                                         
## factor(owner)Fourth & Above Owner:engine                              .  
## factor(owner)Second Owner:engine                                         
## factor(owner)Test Drive Car:engine                                       
## factor(owner)Third Owner:engine                                          
## mileage:engine                                                        ***
## mileage:max_power                                                     ***
## engine:max_power                                                      ***
## engine:torque_rpm                                                     ***
## max_power:seats                                                       ***
## max_power:torque_rpm                                                  ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 237300 on 7780 degrees of freedom
## Multiple R-squared:  0.9099, Adjusted R-squared:  0.909 
## F-statistic:  1061 on 74 and 7780 DF,  p-value: < 2.2e-16

Assumptions

Linearality

ggplot(reducedint2, aes(x=.fitted, y=.resid)) +
  geom_point() + geom_smooth()+
  geom_hline(yintercept = 0)
## `geom_smooth()` using method = 'gam' and formula 'y ~ s(x, bs = "cs")'

Box-Cox is used mainly to solve the Nonnormallity and Heteroscedasticity, but it somehow helps to solve the Linearality as well.

library(MASS)
## 
## Attaching package: 'MASS'
## The following object is masked from 'package:olsrr':
## 
##     cement
## The following object is masked from 'package:dplyr':
## 
##     select
bc=boxcox(reducedint2,lambda=seq(-8,8))

bestlambda=bc$x[which(bc$y==max(bc$y))]
bestlambda
## [1] 0.08080808
bcmodel=lm((((selling_price^0.08080808)-1)/0.08080808) ~ year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)
summary(bcmodel)
## 
## Call:
## lm(formula = (((selling_price^0.08080808) - 1)/0.08080808) ~ 
##     year + km_driven + factor(fuel) + factor(seller_type) + factor(transmission) + 
##         factor(owner) + mileage + engine + max_power + seats + 
##         torque_rpm + year * km_driven + year * factor(seller_type) + 
##         year * factor(transmission) + year * mileage + year * 
##         engine + year * max_power + year * torque_rpm + km_driven * 
##         factor(seller_type) + km_driven * factor(transmission) + 
##         km_driven * max_power + factor(fuel) * factor(transmission) + 
##         factor(fuel) * factor(owner) + factor(seller_type) * 
##         factor(transmission) + factor(seller_type) * factor(owner) + 
##         factor(seller_type) * mileage + factor(seller_type) * 
##         engine + factor(seller_type) * max_power + factor(transmission) * 
##         factor(owner) + factor(transmission) * mileage + factor(transmission) * 
##         engine + factor(transmission) * max_power + factor(transmission) * 
##         seats + factor(transmission) * torque_rpm + factor(owner) * 
##         mileage + factor(owner) * engine + mileage * engine + 
##         mileage * max_power + engine * max_power + engine * torque_rpm + 
##         max_power * seats + max_power * torque_rpm, data = car_dataset)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -4.1559 -0.4235  0.0429  0.4736  3.9419 
## 
## Coefficients: (11 not defined because of singularities)
##                                                                         Estimate
## (Intercept)                                                           -2.339e+02
## year                                                                   1.247e-01
## km_driven                                                              8.509e-04
## factor(fuel)Diesel                                                     1.023e+00
## factor(fuel)LPG                                                        3.672e-01
## factor(fuel)Petrol                                                    -5.083e-02
## factor(seller_type)Individual                                          3.861e+01
## factor(seller_type)Trustmark Dealer                                   -3.320e+02
## factor(transmission)Manual                                            -5.458e+01
## factor(owner)Fourth & Above Owner                                      1.023e+00
## factor(owner)Second Owner                                             -1.496e+00
## factor(owner)Test Drive Car                                            2.636e+01
## factor(owner)Third Owner                                              -5.416e-01
## mileage                                                               -6.835e+00
## engine                                                                -1.291e-02
## max_power                                                             -3.889e+00
## seats                                                                 -4.750e-02
## torque_rpm                                                             3.093e-02
## year:km_driven                                                        -4.267e-07
## year:factor(seller_type)Individual                                    -1.921e-02
## year:factor(seller_type)Trustmark Dealer                               1.634e-01
## year:factor(transmission)Manual                                        2.653e-02
## year:mileage                                                           3.426e-03
## year:engine                                                            7.753e-06
## year:max_power                                                         1.951e-03
## year:torque_rpm                                                       -1.532e-05
## km_driven:factor(seller_type)Individual                               -2.078e-07
## km_driven:factor(seller_type)Trustmark Dealer                          1.197e-05
## km_driven:factor(transmission)Manual                                   6.145e-06
## km_driven:max_power                                                    1.043e-08
## factor(fuel)Diesel:factor(transmission)Manual                         -7.271e-01
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   5.831e-02
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      3.624e-01
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  -3.819e-01
## factor(fuel)Diesel:factor(owner)Second Owner                           3.172e-01
## factor(fuel)LPG:factor(owner)Second Owner                              4.490e-01
## factor(fuel)Petrol:factor(owner)Second Owner                           4.780e-01
## factor(fuel)Diesel:factor(owner)Test Drive Car                         9.165e+00
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                           -5.669e-02
## factor(fuel)LPG:factor(owner)Third Owner                               8.735e-02
## factor(fuel)Petrol:factor(owner)Third Owner                            1.615e-02
## factor(seller_type)Individual:factor(transmission)Manual               9.977e-02
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         4.715e-01
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner               -1.838e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         -8.695e-01
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                -3.750e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                 -4.302e-03
## factor(seller_type)Trustmark Dealer:mileage                           -1.388e-03
## factor(seller_type)Individual:engine                                   1.854e-04
## factor(seller_type)Trustmark Dealer:engine                             1.163e-03
## factor(seller_type)Individual:max_power                               -3.075e-03
## factor(seller_type)Trustmark Dealer:max_power                          3.717e-03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          -5.437e-01
## factor(transmission)Manual:factor(owner)Second Owner                  -1.384e-01
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                   -1.014e-01
## factor(transmission)Manual:mileage                                     1.892e-02
## factor(transmission)Manual:engine                                     -1.881e-04
## factor(transmission)Manual:max_power                                  -5.096e-03
## factor(transmission)Manual:seats                                       2.472e-01
## factor(transmission)Manual:torque_rpm                                 -7.899e-05
## factor(owner)Fourth & Above Owner:mileage                             -1.741e-02
## factor(owner)Second Owner:mileage                                      3.983e-02
## factor(owner)Test Drive Car:mileage                                   -1.581e+00
## factor(owner)Third Owner:mileage                                       2.099e-02
## factor(owner)Fourth & Above Owner:engine                              -3.205e-04
## factor(owner)Second Owner:engine                                       3.379e-04
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        2.424e-04
## mileage:engine                                                        -4.060e-05
## mileage:max_power                                                      7.413e-05
## engine:max_power                                                      -8.540e-06
## engine:torque_rpm                                                     -4.786e-07
## max_power:seats                                                       -6.348e-04
## max_power:torque_rpm                                                   6.805e-06
##                                                                       Std. Error
## (Intercept)                                                            7.146e+01
## year                                                                   3.560e-02
## km_driven                                                              9.638e-05
## factor(fuel)Diesel                                                     1.816e-01
## factor(fuel)LPG                                                        2.319e-01
## factor(fuel)Petrol                                                     1.393e-01
## factor(seller_type)Individual                                          2.526e+01
## factor(seller_type)Trustmark Dealer                                    1.363e+02
## factor(transmission)Manual                                             3.181e+01
## factor(owner)Fourth & Above Owner                                      1.104e+00
## factor(owner)Second Owner                                              4.109e-01
## factor(owner)Test Drive Car                                            1.131e+01
## factor(owner)Third Owner                                               8.759e-01
## mileage                                                                1.960e+00
## engine                                                                 2.096e-02
## max_power                                                              2.781e-01
## seats                                                                  8.656e-02
## torque_rpm                                                             5.868e-03
## year:km_driven                                                         4.787e-08
## year:factor(seller_type)Individual                                     1.256e-02
## year:factor(seller_type)Trustmark Dealer                               6.756e-02
## year:factor(transmission)Manual                                        1.586e-02
## year:mileage                                                           9.718e-04
## year:engine                                                            1.041e-05
## year:max_power                                                         1.384e-04
## year:torque_rpm                                                        2.909e-06
## km_driven:factor(seller_type)Individual                                1.043e-06
## km_driven:factor(seller_type)Trustmark Dealer                          5.825e-06
## km_driven:factor(transmission)Manual                                   1.155e-06
## km_driven:max_power                                                    6.567e-09
## factor(fuel)Diesel:factor(transmission)Manual                          1.311e-01
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   8.074e-01
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      1.112e+00
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   7.880e-01
## factor(fuel)Diesel:factor(owner)Second Owner                           2.395e-01
## factor(fuel)LPG:factor(owner)Second Owner                              3.804e-01
## factor(fuel)Petrol:factor(owner)Second Owner                           2.434e-01
## factor(fuel)Diesel:factor(owner)Test Drive Car                         4.923e+00
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            5.638e-01
## factor(fuel)LPG:factor(owner)Third Owner                               6.873e-01
## factor(fuel)Petrol:factor(owner)Third Owner                            5.639e-01
## factor(seller_type)Individual:factor(transmission)Manual               8.536e-02
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         1.930e-01
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner                9.509e-02
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          3.880e-01
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                 3.927e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                  9.082e-03
## factor(seller_type)Trustmark Dealer:mileage                            3.119e-02
## factor(seller_type)Individual:engine                                   1.193e-04
## factor(seller_type)Trustmark Dealer:engine                             3.698e-04
## factor(seller_type)Individual:max_power                                1.469e-03
## factor(seller_type)Trustmark Dealer:max_power                          7.059e-03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           3.338e-01
## factor(transmission)Manual:factor(owner)Second Owner                   9.500e-02
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                    2.112e-01
## factor(transmission)Manual:mileage                                     1.540e-02
## factor(transmission)Manual:engine                                      1.768e-04
## factor(transmission)Manual:max_power                                   1.743e-03
## factor(transmission)Manual:seats                                       6.306e-02
## factor(transmission)Manual:torque_rpm                                  5.540e-05
## factor(owner)Fourth & Above Owner:mileage                              2.876e-02
## factor(owner)Second Owner:mileage                                      9.030e-03
## factor(owner)Test Drive Car:mileage                                    7.252e-01
## factor(owner)Third Owner:mileage                                       1.675e-02
## factor(owner)Fourth & Above Owner:engine                               2.316e-04
## factor(owner)Second Owner:engine                                       8.244e-05
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        1.399e-04
## mileage:engine                                                         1.087e-05
## mileage:max_power                                                      1.213e-04
## engine:max_power                                                       9.088e-07
## engine:torque_rpm                                                      5.193e-08
## max_power:seats                                                        4.265e-04
## max_power:torque_rpm                                                   7.018e-07
##                                                                       t value
## (Intercept)                                                            -3.274
## year                                                                    3.502
## km_driven                                                               8.829
## factor(fuel)Diesel                                                      5.631
## factor(fuel)LPG                                                         1.584
## factor(fuel)Petrol                                                     -0.365
## factor(seller_type)Individual                                           1.528
## factor(seller_type)Trustmark Dealer                                    -2.435
## factor(transmission)Manual                                             -1.716
## factor(owner)Fourth & Above Owner                                       0.927
## factor(owner)Second Owner                                              -3.641
## factor(owner)Test Drive Car                                             2.331
## factor(owner)Third Owner                                               -0.618
## mileage                                                                -3.488
## engine                                                                 -0.616
## max_power                                                             -13.985
## seats                                                                  -0.549
## torque_rpm                                                              5.272
## year:km_driven                                                         -8.915
## year:factor(seller_type)Individual                                     -1.529
## year:factor(seller_type)Trustmark Dealer                                2.419
## year:factor(transmission)Manual                                         1.673
## year:mileage                                                            3.525
## year:engine                                                             0.744
## year:max_power                                                         14.101
## year:torque_rpm                                                        -5.267
## km_driven:factor(seller_type)Individual                                -0.199
## km_driven:factor(seller_type)Trustmark Dealer                           2.054
## km_driven:factor(transmission)Manual                                    5.318
## km_driven:max_power                                                     1.587
## factor(fuel)Diesel:factor(transmission)Manual                          -5.548
## factor(fuel)LPG:factor(transmission)Manual                                 NA
## factor(fuel)Petrol:factor(transmission)Manual                              NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                    0.072
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                       0.326
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   -0.485
## factor(fuel)Diesel:factor(owner)Second Owner                            1.324
## factor(fuel)LPG:factor(owner)Second Owner                               1.181
## factor(fuel)Petrol:factor(owner)Second Owner                            1.964
## factor(fuel)Diesel:factor(owner)Test Drive Car                          1.862
## factor(fuel)LPG:factor(owner)Test Drive Car                                NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                             NA
## factor(fuel)Diesel:factor(owner)Third Owner                            -0.101
## factor(fuel)LPG:factor(owner)Third Owner                                0.127
## factor(fuel)Petrol:factor(owner)Third Owner                             0.029
## factor(seller_type)Individual:factor(transmission)Manual                1.169
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual          2.444
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner            NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner      NA
## factor(seller_type)Individual:factor(owner)Second Owner                -1.933
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          -2.241
## factor(seller_type)Individual:factor(owner)Test Drive Car                  NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car            NA
## factor(seller_type)Individual:factor(owner)Third Owner                 -0.955
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner               NA
## factor(seller_type)Individual:mileage                                  -0.474
## factor(seller_type)Trustmark Dealer:mileage                            -0.044
## factor(seller_type)Individual:engine                                    1.554
## factor(seller_type)Trustmark Dealer:engine                              3.145
## factor(seller_type)Individual:max_power                                -2.093
## factor(seller_type)Trustmark Dealer:max_power                           0.527
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           -1.629
## factor(transmission)Manual:factor(owner)Second Owner                   -1.457
## factor(transmission)Manual:factor(owner)Test Drive Car                     NA
## factor(transmission)Manual:factor(owner)Third Owner                    -0.480
## factor(transmission)Manual:mileage                                      1.228
## factor(transmission)Manual:engine                                      -1.064
## factor(transmission)Manual:max_power                                   -2.924
## factor(transmission)Manual:seats                                        3.920
## factor(transmission)Manual:torque_rpm                                  -1.426
## factor(owner)Fourth & Above Owner:mileage                              -0.605
## factor(owner)Second Owner:mileage                                       4.411
## factor(owner)Test Drive Car:mileage                                    -2.180
## factor(owner)Third Owner:mileage                                        1.253
## factor(owner)Fourth & Above Owner:engine                               -1.384
## factor(owner)Second Owner:engine                                        4.099
## factor(owner)Test Drive Car:engine                                         NA
## factor(owner)Third Owner:engine                                         1.733
## mileage:engine                                                         -3.734
## mileage:max_power                                                       0.611
## engine:max_power                                                       -9.397
## engine:torque_rpm                                                      -9.217
## max_power:seats                                                        -1.488
## max_power:torque_rpm                                                    9.696
##                                                                       Pr(>|t|)
## (Intercept)                                                           0.001066
## year                                                                  0.000464
## km_driven                                                              < 2e-16
## factor(fuel)Diesel                                                    1.85e-08
## factor(fuel)LPG                                                       0.113330
## factor(fuel)Petrol                                                    0.715175
## factor(seller_type)Individual                                         0.126430
## factor(seller_type)Trustmark Dealer                                   0.014909
## factor(transmission)Manual                                            0.086184
## factor(owner)Fourth & Above Owner                                     0.353980
## factor(owner)Second Owner                                             0.000273
## factor(owner)Test Drive Car                                           0.019803
## factor(owner)Third Owner                                              0.536369
## mileage                                                               0.000490
## engine                                                                0.537916
## max_power                                                              < 2e-16
## seats                                                                 0.583167
## torque_rpm                                                            1.39e-07
## year:km_driven                                                         < 2e-16
## year:factor(seller_type)Individual                                    0.126194
## year:factor(seller_type)Trustmark Dealer                              0.015590
## year:factor(transmission)Manual                                       0.094398
## year:mileage                                                          0.000425
## year:engine                                                           0.456639
## year:max_power                                                         < 2e-16
## year:torque_rpm                                                       1.43e-07
## km_driven:factor(seller_type)Individual                               0.842102
## km_driven:factor(seller_type)Trustmark Dealer                         0.039967
## km_driven:factor(transmission)Manual                                  1.08e-07
## km_driven:max_power                                                   0.112443
## factor(fuel)Diesel:factor(transmission)Manual                         2.99e-08
## factor(fuel)LPG:factor(transmission)Manual                                  NA
## factor(fuel)Petrol:factor(transmission)Manual                               NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                  0.942433
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     0.744427
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  0.627948
## factor(fuel)Diesel:factor(owner)Second Owner                          0.185463
## factor(fuel)LPG:factor(owner)Second Owner                             0.237821
## factor(fuel)Petrol:factor(owner)Second Owner                          0.049531
## factor(fuel)Diesel:factor(owner)Test Drive Car                        0.062679
## factor(fuel)LPG:factor(owner)Test Drive Car                                 NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                              NA
## factor(fuel)Diesel:factor(owner)Third Owner                           0.919904
## factor(fuel)LPG:factor(owner)Third Owner                              0.898880
## factor(fuel)Petrol:factor(owner)Third Owner                           0.977158
## factor(seller_type)Individual:factor(transmission)Manual              0.242486
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        0.014567
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner             NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner       NA
## factor(seller_type)Individual:factor(owner)Second Owner               0.053250
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         0.025045
## factor(seller_type)Individual:factor(owner)Test Drive Car                   NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car             NA
## factor(seller_type)Individual:factor(owner)Third Owner                0.339623
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                NA
## factor(seller_type)Individual:mileage                                 0.635760
## factor(seller_type)Trustmark Dealer:mileage                           0.964515
## factor(seller_type)Individual:engine                                  0.120193
## factor(seller_type)Trustmark Dealer:engine                            0.001670
## factor(seller_type)Individual:max_power                               0.036364
## factor(seller_type)Trustmark Dealer:max_power                         0.598540
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          0.103385
## factor(transmission)Manual:factor(owner)Second Owner                  0.145192
## factor(transmission)Manual:factor(owner)Test Drive Car                      NA
## factor(transmission)Manual:factor(owner)Third Owner                   0.631176
## factor(transmission)Manual:mileage                                    0.219350
## factor(transmission)Manual:engine                                     0.287528
## factor(transmission)Manual:max_power                                  0.003468
## factor(transmission)Manual:seats                                      8.93e-05
## factor(transmission)Manual:torque_rpm                                 0.153979
## factor(owner)Fourth & Above Owner:mileage                             0.544968
## factor(owner)Second Owner:mileage                                     1.04e-05
## factor(owner)Test Drive Car:mileage                                   0.029254
## factor(owner)Third Owner:mileage                                      0.210154
## factor(owner)Fourth & Above Owner:engine                              0.166440
## factor(owner)Second Owner:engine                                      4.19e-05
## factor(owner)Test Drive Car:engine                                          NA
## factor(owner)Third Owner:engine                                       0.083201
## mileage:engine                                                        0.000190
## mileage:max_power                                                     0.541189
## engine:max_power                                                       < 2e-16
## engine:torque_rpm                                                      < 2e-16
## max_power:seats                                                       0.136685
## max_power:torque_rpm                                                   < 2e-16
##                                                                          
## (Intercept)                                                           ** 
## year                                                                  ***
## km_driven                                                             ***
## factor(fuel)Diesel                                                    ***
## factor(fuel)LPG                                                          
## factor(fuel)Petrol                                                       
## factor(seller_type)Individual                                            
## factor(seller_type)Trustmark Dealer                                   *  
## factor(transmission)Manual                                            .  
## factor(owner)Fourth & Above Owner                                        
## factor(owner)Second Owner                                             ***
## factor(owner)Test Drive Car                                           *  
## factor(owner)Third Owner                                                 
## mileage                                                               ***
## engine                                                                   
## max_power                                                             ***
## seats                                                                    
## torque_rpm                                                            ***
## year:km_driven                                                        ***
## year:factor(seller_type)Individual                                       
## year:factor(seller_type)Trustmark Dealer                              *  
## year:factor(transmission)Manual                                       .  
## year:mileage                                                          ***
## year:engine                                                              
## year:max_power                                                        ***
## year:torque_rpm                                                       ***
## km_driven:factor(seller_type)Individual                                  
## km_driven:factor(seller_type)Trustmark Dealer                         *  
## km_driven:factor(transmission)Manual                                  ***
## km_driven:max_power                                                      
## factor(fuel)Diesel:factor(transmission)Manual                         ***
## factor(fuel)LPG:factor(transmission)Manual                               
## factor(fuel)Petrol:factor(transmission)Manual                            
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                     
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                        
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                     
## factor(fuel)Diesel:factor(owner)Second Owner                             
## factor(fuel)LPG:factor(owner)Second Owner                                
## factor(fuel)Petrol:factor(owner)Second Owner                          *  
## factor(fuel)Diesel:factor(owner)Test Drive Car                        .  
## factor(fuel)LPG:factor(owner)Test Drive Car                              
## factor(fuel)Petrol:factor(owner)Test Drive Car                           
## factor(fuel)Diesel:factor(owner)Third Owner                              
## factor(fuel)LPG:factor(owner)Third Owner                                 
## factor(fuel)Petrol:factor(owner)Third Owner                              
## factor(seller_type)Individual:factor(transmission)Manual                 
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        *  
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner          
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner    
## factor(seller_type)Individual:factor(owner)Second Owner               .  
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         *  
## factor(seller_type)Individual:factor(owner)Test Drive Car                
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car          
## factor(seller_type)Individual:factor(owner)Third Owner                   
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner             
## factor(seller_type)Individual:mileage                                    
## factor(seller_type)Trustmark Dealer:mileage                              
## factor(seller_type)Individual:engine                                     
## factor(seller_type)Trustmark Dealer:engine                            ** 
## factor(seller_type)Individual:max_power                               *  
## factor(seller_type)Trustmark Dealer:max_power                            
## factor(transmission)Manual:factor(owner)Fourth & Above Owner             
## factor(transmission)Manual:factor(owner)Second Owner                     
## factor(transmission)Manual:factor(owner)Test Drive Car                   
## factor(transmission)Manual:factor(owner)Third Owner                      
## factor(transmission)Manual:mileage                                       
## factor(transmission)Manual:engine                                        
## factor(transmission)Manual:max_power                                  ** 
## factor(transmission)Manual:seats                                      ***
## factor(transmission)Manual:torque_rpm                                    
## factor(owner)Fourth & Above Owner:mileage                                
## factor(owner)Second Owner:mileage                                     ***
## factor(owner)Test Drive Car:mileage                                   *  
## factor(owner)Third Owner:mileage                                         
## factor(owner)Fourth & Above Owner:engine                                 
## factor(owner)Second Owner:engine                                      ***
## factor(owner)Test Drive Car:engine                                       
## factor(owner)Third Owner:engine                                       .  
## mileage:engine                                                        ***
## mileage:max_power                                                        
## engine:max_power                                                      ***
## engine:torque_rpm                                                     ***
## max_power:seats                                                          
## max_power:torque_rpm                                                  ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.768 on 7782 degrees of freedom
## Multiple R-squared:  0.895,  Adjusted R-squared:  0.894 
## F-statistic:   921 on 72 and 7782 DF,  p-value: < 2.2e-16
library(ggplot2)
ggplot(bcmodel, aes(x=.fitted, y=.resid)) +
  geom_point() + geom_smooth()+
  geom_hline(yintercept = 0)
## `geom_smooth()` using method = 'gam' and formula 'y ~ s(x, bs = "cs")'

# Cooks distance for outliers

car_dataset[cooks.distance(reducedint2)>1,]
plot(reducedint2,pch=18,col="red",which=c(4))

lev=hatvalues(reducedint2)
outlier3p = lev[lev>(3*28/7855)]
#print(outlier3p)
library(MASS)
bc=boxcox(reducedint2,lambda=seq(-8,8))

bestlambda=bc$x[which(bc$y==max(bc$y))]
bestlambda
## [1] 0.08080808
bcmodel=lm((((selling_price^0.08080808)-1)/0.08080808) ~ year+km_driven+factor(fuel)+factor(seller_type)+factor(transmission)+factor(owner)+mileage+engine+max_power+seats+torque_rpm + year*km_driven + year*factor(seller_type) + year*factor(transmission) + year*mileage + year*engine + year*max_power + year*torque_rpm + km_driven*factor(seller_type) + km_driven*factor(transmission) + km_driven*max_power + factor(fuel)*factor(transmission) + factor(fuel)*factor(owner) + factor(seller_type)*factor(transmission) + factor(seller_type)*factor(owner) + factor(seller_type)*mileage + factor(seller_type)*engine +factor(seller_type)*max_power + factor(transmission)*factor(owner) + factor(transmission)*mileage + factor(transmission)*engine + factor(transmission)*max_power + factor(transmission)*seats + factor(transmission)*torque_rpm + factor(owner)*mileage + factor(owner)*engine + mileage*engine + mileage*max_power + engine*max_power + engine*torque_rpm + max_power*seats + max_power*torque_rpm, data=car_dataset)
summary(bcmodel)
## 
## Call:
## lm(formula = (((selling_price^0.08080808) - 1)/0.08080808) ~ 
##     year + km_driven + factor(fuel) + factor(seller_type) + factor(transmission) + 
##         factor(owner) + mileage + engine + max_power + seats + 
##         torque_rpm + year * km_driven + year * factor(seller_type) + 
##         year * factor(transmission) + year * mileage + year * 
##         engine + year * max_power + year * torque_rpm + km_driven * 
##         factor(seller_type) + km_driven * factor(transmission) + 
##         km_driven * max_power + factor(fuel) * factor(transmission) + 
##         factor(fuel) * factor(owner) + factor(seller_type) * 
##         factor(transmission) + factor(seller_type) * factor(owner) + 
##         factor(seller_type) * mileage + factor(seller_type) * 
##         engine + factor(seller_type) * max_power + factor(transmission) * 
##         factor(owner) + factor(transmission) * mileage + factor(transmission) * 
##         engine + factor(transmission) * max_power + factor(transmission) * 
##         seats + factor(transmission) * torque_rpm + factor(owner) * 
##         mileage + factor(owner) * engine + mileage * engine + 
##         mileage * max_power + engine * max_power + engine * torque_rpm + 
##         max_power * seats + max_power * torque_rpm, data = car_dataset)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -4.1559 -0.4235  0.0429  0.4736  3.9419 
## 
## Coefficients: (11 not defined because of singularities)
##                                                                         Estimate
## (Intercept)                                                           -2.339e+02
## year                                                                   1.247e-01
## km_driven                                                              8.509e-04
## factor(fuel)Diesel                                                     1.023e+00
## factor(fuel)LPG                                                        3.672e-01
## factor(fuel)Petrol                                                    -5.083e-02
## factor(seller_type)Individual                                          3.861e+01
## factor(seller_type)Trustmark Dealer                                   -3.320e+02
## factor(transmission)Manual                                            -5.458e+01
## factor(owner)Fourth & Above Owner                                      1.023e+00
## factor(owner)Second Owner                                             -1.496e+00
## factor(owner)Test Drive Car                                            2.636e+01
## factor(owner)Third Owner                                              -5.416e-01
## mileage                                                               -6.835e+00
## engine                                                                -1.291e-02
## max_power                                                             -3.889e+00
## seats                                                                 -4.750e-02
## torque_rpm                                                             3.093e-02
## year:km_driven                                                        -4.267e-07
## year:factor(seller_type)Individual                                    -1.921e-02
## year:factor(seller_type)Trustmark Dealer                               1.634e-01
## year:factor(transmission)Manual                                        2.653e-02
## year:mileage                                                           3.426e-03
## year:engine                                                            7.753e-06
## year:max_power                                                         1.951e-03
## year:torque_rpm                                                       -1.532e-05
## km_driven:factor(seller_type)Individual                               -2.078e-07
## km_driven:factor(seller_type)Trustmark Dealer                          1.197e-05
## km_driven:factor(transmission)Manual                                   6.145e-06
## km_driven:max_power                                                    1.043e-08
## factor(fuel)Diesel:factor(transmission)Manual                         -7.271e-01
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   5.831e-02
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      3.624e-01
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  -3.819e-01
## factor(fuel)Diesel:factor(owner)Second Owner                           3.172e-01
## factor(fuel)LPG:factor(owner)Second Owner                              4.490e-01
## factor(fuel)Petrol:factor(owner)Second Owner                           4.780e-01
## factor(fuel)Diesel:factor(owner)Test Drive Car                         9.165e+00
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                           -5.669e-02
## factor(fuel)LPG:factor(owner)Third Owner                               8.735e-02
## factor(fuel)Petrol:factor(owner)Third Owner                            1.615e-02
## factor(seller_type)Individual:factor(transmission)Manual               9.977e-02
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         4.715e-01
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner               -1.838e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         -8.695e-01
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                -3.750e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                 -4.302e-03
## factor(seller_type)Trustmark Dealer:mileage                           -1.388e-03
## factor(seller_type)Individual:engine                                   1.854e-04
## factor(seller_type)Trustmark Dealer:engine                             1.163e-03
## factor(seller_type)Individual:max_power                               -3.075e-03
## factor(seller_type)Trustmark Dealer:max_power                          3.717e-03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          -5.437e-01
## factor(transmission)Manual:factor(owner)Second Owner                  -1.384e-01
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                   -1.014e-01
## factor(transmission)Manual:mileage                                     1.892e-02
## factor(transmission)Manual:engine                                     -1.881e-04
## factor(transmission)Manual:max_power                                  -5.096e-03
## factor(transmission)Manual:seats                                       2.472e-01
## factor(transmission)Manual:torque_rpm                                 -7.899e-05
## factor(owner)Fourth & Above Owner:mileage                             -1.741e-02
## factor(owner)Second Owner:mileage                                      3.983e-02
## factor(owner)Test Drive Car:mileage                                   -1.581e+00
## factor(owner)Third Owner:mileage                                       2.099e-02
## factor(owner)Fourth & Above Owner:engine                              -3.205e-04
## factor(owner)Second Owner:engine                                       3.379e-04
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        2.424e-04
## mileage:engine                                                        -4.060e-05
## mileage:max_power                                                      7.413e-05
## engine:max_power                                                      -8.540e-06
## engine:torque_rpm                                                     -4.786e-07
## max_power:seats                                                       -6.348e-04
## max_power:torque_rpm                                                   6.805e-06
##                                                                       Std. Error
## (Intercept)                                                            7.146e+01
## year                                                                   3.560e-02
## km_driven                                                              9.638e-05
## factor(fuel)Diesel                                                     1.816e-01
## factor(fuel)LPG                                                        2.319e-01
## factor(fuel)Petrol                                                     1.393e-01
## factor(seller_type)Individual                                          2.526e+01
## factor(seller_type)Trustmark Dealer                                    1.363e+02
## factor(transmission)Manual                                             3.181e+01
## factor(owner)Fourth & Above Owner                                      1.104e+00
## factor(owner)Second Owner                                              4.109e-01
## factor(owner)Test Drive Car                                            1.131e+01
## factor(owner)Third Owner                                               8.759e-01
## mileage                                                                1.960e+00
## engine                                                                 2.096e-02
## max_power                                                              2.781e-01
## seats                                                                  8.656e-02
## torque_rpm                                                             5.868e-03
## year:km_driven                                                         4.787e-08
## year:factor(seller_type)Individual                                     1.256e-02
## year:factor(seller_type)Trustmark Dealer                               6.756e-02
## year:factor(transmission)Manual                                        1.586e-02
## year:mileage                                                           9.718e-04
## year:engine                                                            1.041e-05
## year:max_power                                                         1.384e-04
## year:torque_rpm                                                        2.909e-06
## km_driven:factor(seller_type)Individual                                1.043e-06
## km_driven:factor(seller_type)Trustmark Dealer                          5.825e-06
## km_driven:factor(transmission)Manual                                   1.155e-06
## km_driven:max_power                                                    6.567e-09
## factor(fuel)Diesel:factor(transmission)Manual                          1.311e-01
## factor(fuel)LPG:factor(transmission)Manual                                    NA
## factor(fuel)Petrol:factor(transmission)Manual                                 NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                   8.074e-01
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                      1.112e+00
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   7.880e-01
## factor(fuel)Diesel:factor(owner)Second Owner                           2.395e-01
## factor(fuel)LPG:factor(owner)Second Owner                              3.804e-01
## factor(fuel)Petrol:factor(owner)Second Owner                           2.434e-01
## factor(fuel)Diesel:factor(owner)Test Drive Car                         4.923e+00
## factor(fuel)LPG:factor(owner)Test Drive Car                                   NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                                NA
## factor(fuel)Diesel:factor(owner)Third Owner                            5.638e-01
## factor(fuel)LPG:factor(owner)Third Owner                               6.873e-01
## factor(fuel)Petrol:factor(owner)Third Owner                            5.639e-01
## factor(seller_type)Individual:factor(transmission)Manual               8.536e-02
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual         1.930e-01
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner               NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner         NA
## factor(seller_type)Individual:factor(owner)Second Owner                9.509e-02
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          3.880e-01
## factor(seller_type)Individual:factor(owner)Test Drive Car                     NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car               NA
## factor(seller_type)Individual:factor(owner)Third Owner                 3.927e-01
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                  NA
## factor(seller_type)Individual:mileage                                  9.082e-03
## factor(seller_type)Trustmark Dealer:mileage                            3.119e-02
## factor(seller_type)Individual:engine                                   1.193e-04
## factor(seller_type)Trustmark Dealer:engine                             3.698e-04
## factor(seller_type)Individual:max_power                                1.469e-03
## factor(seller_type)Trustmark Dealer:max_power                          7.059e-03
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           3.338e-01
## factor(transmission)Manual:factor(owner)Second Owner                   9.500e-02
## factor(transmission)Manual:factor(owner)Test Drive Car                        NA
## factor(transmission)Manual:factor(owner)Third Owner                    2.112e-01
## factor(transmission)Manual:mileage                                     1.540e-02
## factor(transmission)Manual:engine                                      1.768e-04
## factor(transmission)Manual:max_power                                   1.743e-03
## factor(transmission)Manual:seats                                       6.306e-02
## factor(transmission)Manual:torque_rpm                                  5.540e-05
## factor(owner)Fourth & Above Owner:mileage                              2.876e-02
## factor(owner)Second Owner:mileage                                      9.030e-03
## factor(owner)Test Drive Car:mileage                                    7.252e-01
## factor(owner)Third Owner:mileage                                       1.675e-02
## factor(owner)Fourth & Above Owner:engine                               2.316e-04
## factor(owner)Second Owner:engine                                       8.244e-05
## factor(owner)Test Drive Car:engine                                            NA
## factor(owner)Third Owner:engine                                        1.399e-04
## mileage:engine                                                         1.087e-05
## mileage:max_power                                                      1.213e-04
## engine:max_power                                                       9.088e-07
## engine:torque_rpm                                                      5.193e-08
## max_power:seats                                                        4.265e-04
## max_power:torque_rpm                                                   7.018e-07
##                                                                       t value
## (Intercept)                                                            -3.274
## year                                                                    3.502
## km_driven                                                               8.829
## factor(fuel)Diesel                                                      5.631
## factor(fuel)LPG                                                         1.584
## factor(fuel)Petrol                                                     -0.365
## factor(seller_type)Individual                                           1.528
## factor(seller_type)Trustmark Dealer                                    -2.435
## factor(transmission)Manual                                             -1.716
## factor(owner)Fourth & Above Owner                                       0.927
## factor(owner)Second Owner                                              -3.641
## factor(owner)Test Drive Car                                             2.331
## factor(owner)Third Owner                                               -0.618
## mileage                                                                -3.488
## engine                                                                 -0.616
## max_power                                                             -13.985
## seats                                                                  -0.549
## torque_rpm                                                              5.272
## year:km_driven                                                         -8.915
## year:factor(seller_type)Individual                                     -1.529
## year:factor(seller_type)Trustmark Dealer                                2.419
## year:factor(transmission)Manual                                         1.673
## year:mileage                                                            3.525
## year:engine                                                             0.744
## year:max_power                                                         14.101
## year:torque_rpm                                                        -5.267
## km_driven:factor(seller_type)Individual                                -0.199
## km_driven:factor(seller_type)Trustmark Dealer                           2.054
## km_driven:factor(transmission)Manual                                    5.318
## km_driven:max_power                                                     1.587
## factor(fuel)Diesel:factor(transmission)Manual                          -5.548
## factor(fuel)LPG:factor(transmission)Manual                                 NA
## factor(fuel)Petrol:factor(transmission)Manual                              NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                    0.072
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                       0.326
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                   -0.485
## factor(fuel)Diesel:factor(owner)Second Owner                            1.324
## factor(fuel)LPG:factor(owner)Second Owner                               1.181
## factor(fuel)Petrol:factor(owner)Second Owner                            1.964
## factor(fuel)Diesel:factor(owner)Test Drive Car                          1.862
## factor(fuel)LPG:factor(owner)Test Drive Car                                NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                             NA
## factor(fuel)Diesel:factor(owner)Third Owner                            -0.101
## factor(fuel)LPG:factor(owner)Third Owner                                0.127
## factor(fuel)Petrol:factor(owner)Third Owner                             0.029
## factor(seller_type)Individual:factor(transmission)Manual                1.169
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual          2.444
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner            NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner      NA
## factor(seller_type)Individual:factor(owner)Second Owner                -1.933
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner          -2.241
## factor(seller_type)Individual:factor(owner)Test Drive Car                  NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car            NA
## factor(seller_type)Individual:factor(owner)Third Owner                 -0.955
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner               NA
## factor(seller_type)Individual:mileage                                  -0.474
## factor(seller_type)Trustmark Dealer:mileage                            -0.044
## factor(seller_type)Individual:engine                                    1.554
## factor(seller_type)Trustmark Dealer:engine                              3.145
## factor(seller_type)Individual:max_power                                -2.093
## factor(seller_type)Trustmark Dealer:max_power                           0.527
## factor(transmission)Manual:factor(owner)Fourth & Above Owner           -1.629
## factor(transmission)Manual:factor(owner)Second Owner                   -1.457
## factor(transmission)Manual:factor(owner)Test Drive Car                     NA
## factor(transmission)Manual:factor(owner)Third Owner                    -0.480
## factor(transmission)Manual:mileage                                      1.228
## factor(transmission)Manual:engine                                      -1.064
## factor(transmission)Manual:max_power                                   -2.924
## factor(transmission)Manual:seats                                        3.920
## factor(transmission)Manual:torque_rpm                                  -1.426
## factor(owner)Fourth & Above Owner:mileage                              -0.605
## factor(owner)Second Owner:mileage                                       4.411
## factor(owner)Test Drive Car:mileage                                    -2.180
## factor(owner)Third Owner:mileage                                        1.253
## factor(owner)Fourth & Above Owner:engine                               -1.384
## factor(owner)Second Owner:engine                                        4.099
## factor(owner)Test Drive Car:engine                                         NA
## factor(owner)Third Owner:engine                                         1.733
## mileage:engine                                                         -3.734
## mileage:max_power                                                       0.611
## engine:max_power                                                       -9.397
## engine:torque_rpm                                                      -9.217
## max_power:seats                                                        -1.488
## max_power:torque_rpm                                                    9.696
##                                                                       Pr(>|t|)
## (Intercept)                                                           0.001066
## year                                                                  0.000464
## km_driven                                                              < 2e-16
## factor(fuel)Diesel                                                    1.85e-08
## factor(fuel)LPG                                                       0.113330
## factor(fuel)Petrol                                                    0.715175
## factor(seller_type)Individual                                         0.126430
## factor(seller_type)Trustmark Dealer                                   0.014909
## factor(transmission)Manual                                            0.086184
## factor(owner)Fourth & Above Owner                                     0.353980
## factor(owner)Second Owner                                             0.000273
## factor(owner)Test Drive Car                                           0.019803
## factor(owner)Third Owner                                              0.536369
## mileage                                                               0.000490
## engine                                                                0.537916
## max_power                                                              < 2e-16
## seats                                                                 0.583167
## torque_rpm                                                            1.39e-07
## year:km_driven                                                         < 2e-16
## year:factor(seller_type)Individual                                    0.126194
## year:factor(seller_type)Trustmark Dealer                              0.015590
## year:factor(transmission)Manual                                       0.094398
## year:mileage                                                          0.000425
## year:engine                                                           0.456639
## year:max_power                                                         < 2e-16
## year:torque_rpm                                                       1.43e-07
## km_driven:factor(seller_type)Individual                               0.842102
## km_driven:factor(seller_type)Trustmark Dealer                         0.039967
## km_driven:factor(transmission)Manual                                  1.08e-07
## km_driven:max_power                                                   0.112443
## factor(fuel)Diesel:factor(transmission)Manual                         2.99e-08
## factor(fuel)LPG:factor(transmission)Manual                                  NA
## factor(fuel)Petrol:factor(transmission)Manual                               NA
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                  0.942433
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                     0.744427
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                  0.627948
## factor(fuel)Diesel:factor(owner)Second Owner                          0.185463
## factor(fuel)LPG:factor(owner)Second Owner                             0.237821
## factor(fuel)Petrol:factor(owner)Second Owner                          0.049531
## factor(fuel)Diesel:factor(owner)Test Drive Car                        0.062679
## factor(fuel)LPG:factor(owner)Test Drive Car                                 NA
## factor(fuel)Petrol:factor(owner)Test Drive Car                              NA
## factor(fuel)Diesel:factor(owner)Third Owner                           0.919904
## factor(fuel)LPG:factor(owner)Third Owner                              0.898880
## factor(fuel)Petrol:factor(owner)Third Owner                           0.977158
## factor(seller_type)Individual:factor(transmission)Manual              0.242486
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        0.014567
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner             NA
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner       NA
## factor(seller_type)Individual:factor(owner)Second Owner               0.053250
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         0.025045
## factor(seller_type)Individual:factor(owner)Test Drive Car                   NA
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car             NA
## factor(seller_type)Individual:factor(owner)Third Owner                0.339623
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner                NA
## factor(seller_type)Individual:mileage                                 0.635760
## factor(seller_type)Trustmark Dealer:mileage                           0.964515
## factor(seller_type)Individual:engine                                  0.120193
## factor(seller_type)Trustmark Dealer:engine                            0.001670
## factor(seller_type)Individual:max_power                               0.036364
## factor(seller_type)Trustmark Dealer:max_power                         0.598540
## factor(transmission)Manual:factor(owner)Fourth & Above Owner          0.103385
## factor(transmission)Manual:factor(owner)Second Owner                  0.145192
## factor(transmission)Manual:factor(owner)Test Drive Car                      NA
## factor(transmission)Manual:factor(owner)Third Owner                   0.631176
## factor(transmission)Manual:mileage                                    0.219350
## factor(transmission)Manual:engine                                     0.287528
## factor(transmission)Manual:max_power                                  0.003468
## factor(transmission)Manual:seats                                      8.93e-05
## factor(transmission)Manual:torque_rpm                                 0.153979
## factor(owner)Fourth & Above Owner:mileage                             0.544968
## factor(owner)Second Owner:mileage                                     1.04e-05
## factor(owner)Test Drive Car:mileage                                   0.029254
## factor(owner)Third Owner:mileage                                      0.210154
## factor(owner)Fourth & Above Owner:engine                              0.166440
## factor(owner)Second Owner:engine                                      4.19e-05
## factor(owner)Test Drive Car:engine                                          NA
## factor(owner)Third Owner:engine                                       0.083201
## mileage:engine                                                        0.000190
## mileage:max_power                                                     0.541189
## engine:max_power                                                       < 2e-16
## engine:torque_rpm                                                      < 2e-16
## max_power:seats                                                       0.136685
## max_power:torque_rpm                                                   < 2e-16
##                                                                          
## (Intercept)                                                           ** 
## year                                                                  ***
## km_driven                                                             ***
## factor(fuel)Diesel                                                    ***
## factor(fuel)LPG                                                          
## factor(fuel)Petrol                                                       
## factor(seller_type)Individual                                            
## factor(seller_type)Trustmark Dealer                                   *  
## factor(transmission)Manual                                            .  
## factor(owner)Fourth & Above Owner                                        
## factor(owner)Second Owner                                             ***
## factor(owner)Test Drive Car                                           *  
## factor(owner)Third Owner                                                 
## mileage                                                               ***
## engine                                                                   
## max_power                                                             ***
## seats                                                                    
## torque_rpm                                                            ***
## year:km_driven                                                        ***
## year:factor(seller_type)Individual                                       
## year:factor(seller_type)Trustmark Dealer                              *  
## year:factor(transmission)Manual                                       .  
## year:mileage                                                          ***
## year:engine                                                              
## year:max_power                                                        ***
## year:torque_rpm                                                       ***
## km_driven:factor(seller_type)Individual                                  
## km_driven:factor(seller_type)Trustmark Dealer                         *  
## km_driven:factor(transmission)Manual                                  ***
## km_driven:max_power                                                      
## factor(fuel)Diesel:factor(transmission)Manual                         ***
## factor(fuel)LPG:factor(transmission)Manual                               
## factor(fuel)Petrol:factor(transmission)Manual                            
## factor(fuel)Diesel:factor(owner)Fourth & Above Owner                     
## factor(fuel)LPG:factor(owner)Fourth & Above Owner                        
## factor(fuel)Petrol:factor(owner)Fourth & Above Owner                     
## factor(fuel)Diesel:factor(owner)Second Owner                             
## factor(fuel)LPG:factor(owner)Second Owner                                
## factor(fuel)Petrol:factor(owner)Second Owner                          *  
## factor(fuel)Diesel:factor(owner)Test Drive Car                        .  
## factor(fuel)LPG:factor(owner)Test Drive Car                              
## factor(fuel)Petrol:factor(owner)Test Drive Car                           
## factor(fuel)Diesel:factor(owner)Third Owner                              
## factor(fuel)LPG:factor(owner)Third Owner                                 
## factor(fuel)Petrol:factor(owner)Third Owner                              
## factor(seller_type)Individual:factor(transmission)Manual                 
## factor(seller_type)Trustmark Dealer:factor(transmission)Manual        *  
## factor(seller_type)Individual:factor(owner)Fourth & Above Owner          
## factor(seller_type)Trustmark Dealer:factor(owner)Fourth & Above Owner    
## factor(seller_type)Individual:factor(owner)Second Owner               .  
## factor(seller_type)Trustmark Dealer:factor(owner)Second Owner         *  
## factor(seller_type)Individual:factor(owner)Test Drive Car                
## factor(seller_type)Trustmark Dealer:factor(owner)Test Drive Car          
## factor(seller_type)Individual:factor(owner)Third Owner                   
## factor(seller_type)Trustmark Dealer:factor(owner)Third Owner             
## factor(seller_type)Individual:mileage                                    
## factor(seller_type)Trustmark Dealer:mileage                              
## factor(seller_type)Individual:engine                                     
## factor(seller_type)Trustmark Dealer:engine                            ** 
## factor(seller_type)Individual:max_power                               *  
## factor(seller_type)Trustmark Dealer:max_power                            
## factor(transmission)Manual:factor(owner)Fourth & Above Owner             
## factor(transmission)Manual:factor(owner)Second Owner                     
## factor(transmission)Manual:factor(owner)Test Drive Car                   
## factor(transmission)Manual:factor(owner)Third Owner                      
## factor(transmission)Manual:mileage                                       
## factor(transmission)Manual:engine                                        
## factor(transmission)Manual:max_power                                  ** 
## factor(transmission)Manual:seats                                      ***
## factor(transmission)Manual:torque_rpm                                    
## factor(owner)Fourth & Above Owner:mileage                                
## factor(owner)Second Owner:mileage                                     ***
## factor(owner)Test Drive Car:mileage                                   *  
## factor(owner)Third Owner:mileage                                         
## factor(owner)Fourth & Above Owner:engine                                 
## factor(owner)Second Owner:engine                                      ***
## factor(owner)Test Drive Car:engine                                       
## factor(owner)Third Owner:engine                                       .  
## mileage:engine                                                        ***
## mileage:max_power                                                        
## engine:max_power                                                      ***
## engine:torque_rpm                                                     ***
## max_power:seats                                                          
## max_power:torque_rpm                                                  ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.768 on 7782 degrees of freedom
## Multiple R-squared:  0.895,  Adjusted R-squared:  0.894 
## F-statistic:   921 on 72 and 7782 DF,  p-value: < 2.2e-16
library(lmtest)
## Loading required package: zoo
## 
## Attaching package: 'zoo'
## The following objects are masked from 'package:base':
## 
##     as.Date, as.Date.numeric
bptest(firstordermodel)
## 
##  studentized Breusch-Pagan test
## 
## data:  firstordermodel
## BP = 2413.8, df = 17, p-value < 2.2e-16
bptest(reducedint2)
## 
##  studentized Breusch-Pagan test
## 
## data:  reducedint2
## BP = 3000.7, df = 72, p-value < 2.2e-16
bptest(reducedint3)
## 
##  studentized Breusch-Pagan test
## 
## data:  reducedint3
## BP = 1040.6, df = 72, p-value < 2.2e-16
bptest(bcmodel)
## 
##  studentized Breusch-Pagan test
## 
## data:  bcmodel
## BP = 1014.3, df = 72, p-value < 2.2e-16

Residual Plot

#residual vs fitted data plot for the finalintermodel model
ggplot(bcmodel, aes(x=.fitted, y=.resid)) +
  geom_point() +geom_smooth()+
  geom_hline(yintercept = 0) 
## `geom_smooth()` using method = 'gam' and formula 'y ~ s(x, bs = "cs")'

#a scale location plot
ggplot(bcmodel, aes(x=.fitted, y=sqrt(abs(.stdresid)))) +
  geom_point() +
  geom_hline(yintercept = 0) +
  geom_smooth()+
   ggtitle("Scale-Location plot : Standardized Residual vs Fitted values")  
## `geom_smooth()` using method = 'gam' and formula 'y ~ s(x, bs = "cs")'
## Warning: Removed 3 rows containing non-finite values (stat_smooth).
## Warning: Removed 3 rows containing missing values (geom_point).

ks.test(x=residuals(bcmodel),y='pnorm',alternative='two.sided')
## Warning in ks.test.default(x = residuals(bcmodel), y = "pnorm", alternative =
## "two.sided"): ties should not be present for the Kolmogorov-Smirnov test
## 
##  Asymptotic one-sample Kolmogorov-Smirnov test
## 
## data:  residuals(bcmodel)
## D = 0.090496, p-value < 2.2e-16
## alternative hypothesis: two-sided
#Testing for Normality again
shapiro.test(residuals(bcmodel)[0:5000])
## 
##  Shapiro-Wilk normality test
## 
## data:  residuals(bcmodel)[0:5000]
## W = 0.98689, p-value < 2.2e-16

After the shapiro test, the p-value(0.9545) is much higher than 0.05, which confirms that the residuals are normally distributed.

Histogram for residuals

library(ggplot2)
qplot(residuals(bcmodel),
      geom="histogram",
      binwidth = 0.5,  
      main = "Histogram of residuals", 
      xlab = "residuals", color="red", 
      fill=I("blue"))

The outputs show that the residual data is a normal distribution (from histogram).

Normal Q-Q plot

#normal QQ plot
ggplot(car_dataset, aes(sample=bcmodel$residuals)) +
  stat_qq() +
  stat_qq_line()

Q-Q plot compute the slope and intercept of the line connecting the points at specified quartiles of the theoretical and sample distributions. The outputs show that the residual data has normal distribution from Q-Q plot because the points are closed to the the diagonal reference line between -2 and 2 in X.