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What does the trendline indicate about the price of gasoline

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Question: The following table contains time series data for regular gasoline prices in the United States for 36 consecutive months:

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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?

Reference no: EM131668457

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