Table of contents
- 1. Intro to Stats and Collecting Data55m
- 2. Describing Data with Tables and Graphs1h 55m
- 3. Describing Data Numerically1h 45m
- 4. Probability2h 16m
- 5. Binomial Distribution & Discrete Random Variables2h 33m
- 6. Normal Distribution and Continuous Random Variables1h 38m
- 7. Sampling Distributions & Confidence Intervals: Mean1h 3m
- 8. Sampling Distributions & Confidence Intervals: Proportion1h 12m
- 9. Hypothesis Testing for One Sample1h 1m
- 10. Hypothesis Testing for Two Samples2h 8m
- 11. Correlation48m
- 12. Regression1h 4m
- 13. Chi-Square Tests & Goodness of Fit1h 20m
- 14. ANOVA1h 0m
2. Describing Data with Tables and Graphs
Time-Series Graph
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
The time-series graph below gives the price (USD) of a gallon of gas each month over the course of a year. Find the time intervals during which gas prices are increasing.

A
Jan-Feb and Jun-Aug
B
Feb-Dec
C
Mar-Apr and May-Jun
D
Feb-Jun and Aug-Dec

1
Step 1: Observe the time-series graph provided. The x-axis represents months (Jan to Dec), and the y-axis represents the price of gas in USD. Each point on the graph corresponds to the price of gas for a specific month.
Step 2: Identify the intervals where the graph is increasing. An increasing interval occurs when the price of gas rises from one month to the next, indicated by an upward slope between consecutive points.
Step 3: Analyze the graph month by month: From Feb to Jun, the graph shows a consistent upward trend, indicating that gas prices are increasing during this interval. Similarly, from Aug to Dec, the graph again shows an upward trend.
Step 4: Note that the graph decreases in price from Jun to Jul and remains flat or decreases slightly in other intervals, which are not considered increasing intervals.
Step 5: Conclude that the time intervals during which gas prices are increasing are Feb-Jun and Aug-Dec, based on the upward slopes observed in the graph.
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