The file Natural Gas contains the U.S. monthly average commercial and residential price for natural gas in

Question:

The file Natural Gas contains the U.S. monthly average commercial and residential price for natural gas in dollars per thousand cubic feet from January 2008 through December 2016.

For the commercial price and the residential price:

a. Construct a time-series plot.

b. What pattern, if any, is present in the data?

c. Construct a scatter plot of the commercial price and the residential price.

d. What conclusion can you reach about the relationship between the commercial price and the residential price?

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Business Statistics A First Course

ISBN: 9780135177785

8th Edition

Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan

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Question Posted: Feb 15, 2023 08:00 AM

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The file Natural Gas contains the U.S. monthly average commercial and residential price for natural gas in

Question:

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a b The commercial average price was highest in the su...View the full answer

Business Statistics A First Course

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