Twenty-five years ago, the average price of gasoline was $1.16 per gallon. Today the average cost is

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Twenty-five years ago, the average price of gasoline was $1.16 per gallon. Today the average cost is $2.41 per gallon.

What was the growth rate over the 25-year period?

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Introductory Statistics

ISBN: 9780470904107

8th Edition

Authors: Prem S. Mann

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Posted Date: May 09, 2023 04:19 AM

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Twenty-five years ago, the average price of gasoline was $1.16 per gallon. Today the average cost is

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To calculate the growth rate over a 25year period we can use th... View the full answer

Introductory Statistics

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