Create a line graph or other visual model to show the pricing trend. Be sure to include the current price in your model.
6. Predict the item's price at a future date. Use your calculations and visual model to justify your prediction.
7. Organize your analysis, prediction, explanations, and visual model in a brief news article. Your completed article will be submitted as your portfolio assessment.
1.15 - 1.19 = -0.04
-0.04 ÷ 1.15 = -0.034
-0.034 x 100 = -3.478%
1.51 - 1.15 = 0.36
0.36 ÷ 1.51 = 0.238
0.238 x 100 = 23.841%
2.79 - 1.51 = 1.28
1.28 ÷ 2.79 = 0.458
0.458 x 100 =45.878%
2.28 - 2.79 = -0.51
0.51 ÷ 2.28 = -0.223
-0.223 x 100 = -22.3%
The trend I see is that the prices change dramatically year by year.
Today the average gas price is $3.329
3.329 - 2.28 = 1.049
1.049 ÷ 3.329 = 0.315
0.315 x 100 = 31.510%
Based on the trend, I predict that the average gas price will be $4.35 in one year.
To create a visual model of the pricing trend, I have created a line graph. The graph shows the average gas price from 2015 to 2019. The current price of $3.329 is included in the graph.
The graph shows that the average gas price has been increasing over the past four years. The trend suggests that the average gas price will continue to increase in the future. Based on this trend, I predict that the average gas price will be $4.35 in one year.
In conclusion, the average gas price has been increasing over the past four years. The current average gas price is $3.329 and I predict that it will be $4.35 in one year. The line graph I have created shows the pricing trend and supports my prediction.
Today, the average gas price is $3.329. According to a recent analysis, the average gas price has been increasing over the past four years. A line graph was created to show the pricing trend and it supports the prediction that the average gas price will be $4.35 in one year. This prediction is based on the trend of increasing prices over the past four years.
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Anonymous
Nov 3, 2021
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