the point is that cars that deviate from the fitted curve are either a bad deal or a good deal
And unfortunately, the direction of the deviation doesn't tell you which, because some percentage of those deviating cars will have hidden issues that more than make up for the price difference.
A killer disruption would be if every car seller was rated on customer satisfaction based on the 12 months of car ownership following the sale.
Comments
the point is that cars that deviate from the fitted curve are either a bad deal or a good deal
And unfortunately, the direction of the deviation doesn't tell you which, because some percentage of those deviating cars will have hidden issues that more than make up for the price difference.
A killer disruption would be if every car seller was rated on customer satisfaction based on the 12 months of car ownership following the sale.