The Basic Practice of Statistics 7th Edition

Published by W. H. Freeman
ISBN 10: 146414253X
ISBN 13: 978-1-46414-253-6

Chapter 1 - Picturing Distributions with Graphs - Chapter 1 Exercises - Exploring the Web - Page 46: 1.47b

Answer

A regular pattern of seasonal variations are observed in the chart and there is a peak in every year. However, the prices have increased over time.

Work Step by Step

analyse the chart
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