Answered: Suppose the following table represents…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Suppose the following table represents world oil production in millions of barrels a day for a recent period of time. Complete parts a and b. Region Oil Production (millions of barrels a day) Iran 6.97 Saudi Arabia 8.76 Other OPEC countries 21.77 Non-OPEC countries 53.53 Question content area bottom Part 1 a. Compute the percentage of values in each category. Region Oil Production (millions of barrels a day) Percentage Iran 6.97 enter your response here% Saudi Arabia 8.76 enter your response here% Other OPEC countries 21.77 enter your response here% Non-OPEC countries 53.53 enter your response here% (Round to two decimal places as needed.) Part 2 b. What conclusions can you reach concerning the production of oil in the specified time period? Oil production by non-OPEC countries accounted for ▼ less than a quarter more than half slightly less than half more than three dash quarters of total oil production. Oil production by OPEC countries other than Iran and Saudi Arabia accounted for ▼ less than a quarter more than a quarter less than a tenth more than half of total oil production.

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