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-Refer to the above information to answer this question.What is the inflation rate in 2016?
Exponential
Referring to a mathematical function or growth characterized by an increasing rate as the value of the variable increases.
Quadratic
Relates to an algebraic expression of the second degree, typically in the form of \(ax^2 + bx + c = 0\), where \(a\), \(b\), and \(c\) are constants.
Scatterplot
A graph that depicts the correlation between two quantitative variables by displaying data points on a Cartesian plane.
Linear Model
A mathematical representation that describes the relationship between one or more independent variables and a dependent variable.
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