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The topic of the paper - Gas prices (1929-2022). ( Nominal prices are given, you should use the CPI file to calculate real prices) already

The topic of the paper - Gas prices (1929-2022). ( Nominal prices are given, you should use the CPI file to calculate real prices) already done

  1. Describe the topic and the time period.
  2. Summarize the mean, median, minimum and maximum in a table. Add additional statistics that you think are helpful or interesting. For example, report the mean for the 1950-1970 and 2000-2020 to see if the mean has changed.
  3. Make a figure of the data over time (year on the x-axis, the value on the y-axis). This must be your own, created from the spreadsheet, not pasted from another source. See below for example.
  4. Describe at least three previous time periods that are notable in the figure. Explain what was happening in each of these periods. Use references where appropriate.
  5. How do these periods compare to what has happened during the pandemic?

image text in transcribedimage text in transcribed
Price 0 1 2 WU 4 5 1929 1933 1937 1941 1945 1949 1953 1957 Real Gas Prices 1961 1965 1969 Gas Price 1973 Year 1977 1981 1985 1989 Nominal Gas Prices 1993 1997 2001 2005 2009 2013 2017 2021Real Gas Prices Year 1929 - 2022 Mean Median Minimum Maximum 3.048873353 2.997473802 1.836580461 4.477699126

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