A travel expense coordinator at a hotel needs to understand the fluctuation of gas prices over the course of a year to better plan the department’s travel budget. After doing some research, he...


A travel expense coordinator at a hotel needs to understand the fluctuation of gas prices over the course of a year to better plan the department’s travel budget. After doing some research, he acquired the following data:


(a) Create a frequency plot.


(b) Determine the appropriate non-linear function that matches the data.


(c) What does the model tell about the relationship between average gas prices over the course of 12 months?



Dec 09, 2021
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