Prices of crude oil have been steadily rising over the last two years (The Wall Street Journal,December 14,2010).The monthly data on price per gallon of unleaded regular gasoline in the United States from January 2009 to December 2010 were available.Three trend models were created,and the following relevant information became available. Using the cubic trend equation,which of the following would be the forecast for the price of regular unleaded gasoline for January 2011?

Question

Prices of crude oil have been steadily rising over the last two years (The Wall Street Journal,December 14,2010).The monthly data on price per gallon of unleaded regular gasoline in the United States from January 2009 to December 2010 were available.Three trend models were created,and the following relevant information became available.  Using the cubic trend equation,which of the following would be the forecast for the price of regular unleaded gasoline for January 2011?

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The Answer of Prices of crude oil have been steadily rising over the last two years (The Wall Street Journal,December 14,2010).The monthly data on price per gallon of unleaded regular gasoline in the United States from January 2009 to December 2010 were available.Three trend models were created,and the following relevant information became available.  Using the cubic trend equation,which of the following would be the forecast for the price of regular unleaded gasoline for January 2011?

Prices of Crude Oil Have Been Steadily Rising Over the Last