The Cost of a Postage Stamp—Consider the following data. Use the procedures in this...

The Cost of a Postage Stamp—Consider the following data. Use the procedures in this chapter to capture the trend of the data if one exists. Would you eliminate any data points? Why?Would you be willing to use your model to predict the price of a postage stamp on January 1, 2010? What do the various models you construct predict about the price on January 1, 2010? When will the price reach $1? You might enjoy reading the article on which this problem is based: Donald R. Byrkit and Robert E. Lee, “The Cost of a Postage Stamp, or Up, Up, and Away,” Mathematics and Computer Education 17, no. 3 (Summer 1983): 184–190.