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Consortium for Mathematics and its Applications

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Resource Type: Contest Problem
Primary Level: Undergraduate

Understanding Used Sailboat Prices

Author: COMAP


Background

Like many luxury goods, sailboats vary in value as they age and as market conditions change. The attached “2023_MCM_Problem_Y_Boats.xlsx” file includes data on approximately 3500 sailboats from 36 to 56 feet long advertised for sale in Europe, the Caribbean, and the USA in December 2020. A boating enthusiast provided these data to COMAP. Like most real-world data sets, it may have missing data or other issues that require some data cleaning prior to analysis.

The Excel file includes two tabs, one for monohulled sailboats and one for catamarans. In each tab, columns are labeled Make, Variant, Length (in feet), Geographic Region, Country/Region/State, Listing Price (in US dollars), and Year (of manufacture).

Problem Download

©2023 by COMAP, Inc.
MCM Problem
Commentary: Yes (1) | Student Papers: Yes (2)

Mathematics Topics:

Math Modeling

Application Areas:

Sports & Recreation , Transportation & Travel , Contest Preparation

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