In order to increase the production of gas wells, a procedure known as hydraulic fracturing is often used. Fracture fluid, which consists of fluid mixed with sand, is pumped into the well. The following figure presents a scatterplot of the monthly production versus the volume of fracture fluid pumped for 255 gas wells. Both production and fluid are expressed in units of volume per foot of depth of the well. The least-squares line is superimposed. The equation of the least-squares line is y = 106.11 + 0.1119x. 1600 1400 1200- 1000 - 800 F 600F 400 200 2000 4000 6000 8000 Fracture fluid (gnl/ft) From the least-squares line, estimate the production for a well into which 4000 gal/ft are pumped. From the least-squares line, estimate the production for a well into which 500 gal/ft are pumped. A new well is dug, and 500 gal/ft of fracture fluid are pumped in. Based on the scatterplot, is it more likely that the production of this well will fall above or below the least-squares estimate? d. What feature of the scatterplot indicates that assumption 3 on page 549 is violated? a. b. c. Prodaction (1000 ft Vfr)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
In order to increase the production of gas wells, a procedure known as hydraulic fracturing
is often used. Fracture fluid, which consists of fluid mixed with sand, is pumped into the
well. The following figure presents a scatterplot of the monthly production versus the
volume of fracture fluid pumped for 255 gas wells. Both production and fluid are expressed
in units of volume per foot of depth of the well. The least-squares line is superimposed. The
equation of the least-squares line is y = 106.11 + 0.1119x.
1600
1400
1200-
1000 -
800 F
600F
400
200
2000
4000
6000
8000
Fracture fluid (gnl/ft)
From the least-squares line, estimate the production for a well into which 4000 gal/ft
are pumped.
From the least-squares line, estimate the production for a well into which 500 gal/ft are
pumped.
A new well is dug, and 500 gal/ft of fracture fluid are pumped in. Based on the
scatterplot, is it more likely that the production of this well will fall above or below the
least-squares estimate?
d. What feature of the scatterplot indicates that assumption 3 on page 549 is violated?
a.
b.
c.
Prodaction (1000 ft Vfr)
Transcribed Image Text:In order to increase the production of gas wells, a procedure known as hydraulic fracturing is often used. Fracture fluid, which consists of fluid mixed with sand, is pumped into the well. The following figure presents a scatterplot of the monthly production versus the volume of fracture fluid pumped for 255 gas wells. Both production and fluid are expressed in units of volume per foot of depth of the well. The least-squares line is superimposed. The equation of the least-squares line is y = 106.11 + 0.1119x. 1600 1400 1200- 1000 - 800 F 600F 400 200 2000 4000 6000 8000 Fracture fluid (gnl/ft) From the least-squares line, estimate the production for a well into which 4000 gal/ft are pumped. From the least-squares line, estimate the production for a well into which 500 gal/ft are pumped. A new well is dug, and 500 gal/ft of fracture fluid are pumped in. Based on the scatterplot, is it more likely that the production of this well will fall above or below the least-squares estimate? d. What feature of the scatterplot indicates that assumption 3 on page 549 is violated? a. b. c. Prodaction (1000 ft Vfr)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman