Based on the given data, there seems to be a general downward trend in gas prices from 2015 to 2021. This implies a negative correlation between the year and the gas price. However, it should be noted that data from only seven years may not provide a comprehensive representation of long-term trends in gas prices.
Considering this trend, it is reasonable to assume that gas prices may continue to decrease in 2022. However, other factors such as global economic conditions, political events, and changes in oil production could also impact gas prices. Therefore, it is difficult to accurately predict the exact cost of gas in 2022 based solely on the given data.
Year: 2015, 2016, 2017, 2018, 2019, 2020, 2021
Gas Price: 3.421, 2.438, 2.216, 2.704, 2.513, 2.148, 2.956
C. Is there a trend in the data? Does there seem to be a positive correlation, a negative correlation, or neither?
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How much do you expect gas to cost in 2022? Explain
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well, if you didn't have to worry about factors as global economic conditions, political events, and changes in oil production, and just look at the trend, can you give me an approximate number for what gas will be in 2022
In that case, based solely on the downward trend observed in the given data, one might expect gas prices to continue decreasing in 2022. However, without taking into account the impact of external factors, it is difficult to provide an accurate estimate for the cost of gas in 2022. Nevertheless, if we assume that the trend continues, a rough approximate for gas prices in 2022 could be around $2.1 to $2.3 per gallon.