Which of the Following Would Be a Likely Cause for the Decreases

question 68

Multiple Choice

Which of the following would be a likely cause for the decreases in gasoline prices after 2014?

• A)Increases in gasoline demand
• B)Increases in U.S.oil production
• C)Higher production costs for gasoline
• D)Rapid economic and employment growth in the United States
• E)Decreases in oil supply from the Middle East

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Definitions:

Data Set

A group of related information sets that consists of distinct parts yet can be managed as a single entity by a computer.

Life Expectancy

The average number of years an individual or population is expected to live, based on current mortality rates and other demographic factors.

Regression Model

A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.

Coefficient

Before a variable in an algebraic expression, there lies a constant or numerical amount that serves to multiply it.