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) Plot the data
(b) Determine the appropriate non-linear function that matches the data A polynomial trendline best fits the data.
(c) What does the model tell about the relationship between average gas prices over the course of 1 year? The trendline shows that over the course of 1 year gas prices fluctuate and reach a peak in the summer months but decrease for the fall and winter
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here