Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown below for a random selection of weeks in 2015. Oil (S) Gasoline ($) Send data to Excel The correlation coefficient for the data is r = 0.925 and a=0.01. Should regression analysis be done? 46.85 58.18 62.24 69.72 50.91 53.06 2.481 2.838 2.725 2.993 2.477 2.512 The regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y' = a + bx a= b = Find the cost of gasoline when oil is $58 a barrel. Round the answer to at least three decimal places. When oil is $58 a barrel, gas costs $ per gallon. $

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