Question

The following table contains time series data for regular gasoline prices in the United
States for 36 consecutive months:
a. Create a line chart for these time series data. What interpretations can you make about the average price per gallon of conventional regular gasoline over these 36 months?
b. Fit a linear trendline to the data. What does the trendline indicate about the price of gasoline over these 36 months?


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  • CreatedNovember 21, 2015
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