(M.2) The student uses graphical and numerical techniques to study patterns and analyze data.The student is expected to:(A) interpret information from various graphs, including line graphs, bar graphs, circle graphs, histograms, scatterplots, line plots, stem and leaf plots, and box and whisker plots to draw conclusions from the data;(B) analyze numerical data using measures of central tendency, variability, and correlation in order to make inferences;(C) analyze graphs from journals, newspapers, and other sources to determine the validity of stated arguments; and(D) use regression methods available through technology to describe various models for data such as linear, quadratic, exponential, etc., select the most appropriate model, and use the model to interpret information.
Lesson 1 - Find out what information can be formulated into a graph and why you would use a graph. All About Graphs
Lesson 2 - Probability
Lesson 3 - How does the information contained in these graphs provide the proof necessary that the information is correct? As you observe the price of gasoline from the Flowing Data website, stop the presentation at a date and use that date as a point of reference to research on the internet the price of a barrel of crude oil, both Texas and foreign oil. Using the beginning and ending dates as important points of reference, write in a paragraph the summary of cost of crude oil, both foreign and domestic for those three dates. Do not forget to include a comparison of the cost of crude oil with the cost of gasoline at the pump. Make a complete summary statement. Submit your paragraph to the comment section on Model 1.0. To get credit for this activity, make sure your name is in the posting. Cost and Flowing Data
Lesson 4 - Define regression methods and how linear, quadratic, exponential and other models can be used to interpret data. Keep are record of your wins and losses of the (Let's Make a Deal), post your results to the comment section on Model 1.0. To get credit for this activity, make sure your name is in the posting.
Let's Make a Deal
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3 comments:
The price of a gallon of gas and a barrel of oil was low at one time believe it or not. On April 5, 1993 the price of a gallon of gas was $1.07 and a barrel of oil was $18.81. On October 17,2005 the price of a gallon of gas was $2.78 and the price for a barrel of oil was $55.12 so as you can see the prices a little more then doubled there price in 1993. The price of Gas kept growing higher and higher! Then we reached today now we have a gallon of gas for $4.01 and a barrel of oil for $126.33. So as you can see it doesnt look like anything is goin to stop gas prices from raising in the future
In aplril 1993 the price of a gallon of gas was $1.07 an the price of a barrel of oil was $18.81. In October the price of gas moved up to $2.05 and the barrels were $55.12. In july 2008 gas prices jumped up the gallons of gas started goin for $4.01 and the barrels were going for $126.33 from the looks of it the price of gas will continue to go up.
Not too long ago barrels of oil and gas prices were significantly lower than they are today. On April 5, 1993 a barrel of oil was $18.81 and gas prices were $1.07 a gallon. More than a decade later the price of gas went up a little more than two dollars. On the 17th day of October in 2005 the price of a gallon of gas was $2.78 and oil barrel costs grew to $55.12. The price of oil barrels more than doubled over 10 ten years. Even today gas prices are still climbing. This year of 2008 on July 28th gas per gallon was $4.01 and a barrel of oil was $126.33. In the last three years gas prices have risen to unbelievable hightes and it doesn't seem to be going down much anytime soon.
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