Question

The function shown in the graph models the average price per gallon of gasoline in the US since the start of 2000. Which of the following statements is not true?- The average price of gasoline reached a minimum of $0.98 per gallon in mid 2001.-The average price of gasoline decrease between 2011 and 2019.- The average price of gasoline increased from 2000 to 2011-The average price of gasoline reached a relative maximum in 2011 at $3.33 per gallon.

Answer 1

This statement "The average price of gasoline reached a minimum of $0.98 per gallon in mid 2001" is not true because the average price of gasoline in 2001 is minimum at $1.42 per gallon, not $0.98.