Study reveals how car buyers' age and gender impact model choices
The study looked at what makes people choose different versions of the same car model. They used data from car sales in Norway from 2000 to 2004, including buyer's age and gender. By analyzing this data, they found that people's preferences for car features depend on their demographics. The researchers used a special model to see how similar cars are chosen, and found that it can be tricky to predict choices accurately when there are many options available.