subject
Business, 02.09.2020 04:01 SmokeyRN

The following table contains time series data for regular gasoline prices in the United States for 36 consecutive months: Month Price ($) Month Price ($) Month Price ($) 1 2.27 13 2.84 25 3.91 2 2.63 14 2.73 26 3.68 3 2.53 15 2.73 27 3.65 4 2.62 16 2.73 28 3.64 5 2.55 17 2.71 29 3.61 6 2.55 18 2.80 30 3.45 7 2.65 19 2.86 31 338 8 2.61 20 2.99 32 3.27 9 2.72 21 3.10 33 3.38 10 2.64 22 3.21 34 358 II 2.77 23 3.56 35 3.85 12 2.85 24 3.80 36 3.90 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?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:10
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
question
Business, 22.06.2019 09:00
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
Answers: 1
question
Business, 22.06.2019 19:40
You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?
Answers: 3
question
Business, 22.06.2019 20:10
While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.
Answers: 2
You know the right answer?
The following table contains time series data for regular gasoline prices in the United States for 3...
Questions
question
English, 08.03.2021 20:50
question
Mathematics, 08.03.2021 20:50
question
Mathematics, 08.03.2021 20:50
question
Mathematics, 08.03.2021 20:50
Questions on the website: 13722360