Mathematics, 20.03.2022 09:10 kids2006
The table shows the average cost of gasoline in the United States in dollars per gallon for the given years.
Year
1995 1996 2000 2001 2005 2006 2010 2011 2013 2014
Price per gallon
($) 1.13 1.14 1.33 1.49 1.88 2362.77 3.15 3.39 3.40
(a) Write the least squares regression equation that models the data. Let x = time in years since
1995 and let y = price per gallon
(b) Use the equation to estimate the price per gallon in 2030. Show your work
Answers: 3
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