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?
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The following table contains time series data for regular gasoline prices in the United States for 3...
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