The scatter plot shows the daily oil production in the United States in the years since 1994. The equation y=−168x+6,750 is the trend line for the data. According to the equation of the trend line, how many thousands of barrels of oil will be produced daily in the United States 6 years from 1994?

The scatter plot shows the daily oil production in the United States in the years since 1994. The equation y=−168x+6,750 is the trend line for the data. According to the equation of the trend line, how many thousands of barrels of oil will be produced daily in the United States 6 years from 1994?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

In 1994, there were 714 violent crime incidents per 100,000 Americans. For the period from 1994 through 2014, this number decreased by approximately 17 incidents per 100,000 people each year. If this trend continues, by which year will violent crime incidents decrease to 289 per 100,000 people?
Find the equation of the line of best fit from the data in the table. Round the slope and the y-intercept to the nearest hundredth. \36 x6820 28 36 y 2 413 20 30 O A. y=0.90x - 3.79 O B. y= 0.85x-2.79 O C. y=0.80x-3.79 O D. y=0.95x-2.79
An economist wants to predict the GDP per person measured in 2011 US dollars in Afghanistan based on Austria's GDP per person. She used data from 2000 to 2018. The regression equation was yhat= -5123.932 +0.152x Interpret the slope. For each additional dollar growth in GDP per person in Austria's, Afghanistan GDP per capita decrease on average by 0.152. O For each additional dollar growth in GDP per person in Austria, Afghanistan's GDP per capita increased on average by 0.152 O For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita increased on average by 0.152. For each additional dollar growth in GDP per person in Afghanistan, Austria's GDP per capita decreased on average by 0.152
Brandon works as a statistician for the Toronto Blue Jays, and wants to analyze the relationship between a player's age and how many strikeouts they accumulate in a season. He takes a sample of 8 Blue Jays players with age between 25 and 34 and finds there is a linear relationship between their ages and the number of strikeouts they had in the 2015 season. Here are the numerical summaries for age and the number of strikeouts: r = 0.67, age = 28.4, Sage = 3.96, strikeout= 102.9, S strikeout = 7.7 (a) What is the value of b₁, i.e. the fitted slope? (Round your answer to 3 decimal places) Answer: (b) What the value of bo, i.e. the fitted intercept? (Round your answer to 3 decimal places.) Answer: (c) What is the percent of variation of the number of strikeouts that is explained by age using a linear regression? (Round your answer to 2 decimal places.) Answer: % (d) Can we use this linear regression to predict the number of strikeouts for a player age 38? Answer: O No, because the…
An office worker just got a raise from $15.00 to $18.00. What is the absolute change? What is the relative change?
In 2000, 12.8% of vehicles sold were off-road vehicles. In 2010, that number decreased to 10.2%. Calculate and interpret the relative change in the number of off-road vehicles sold from 2000 to 2010.
ABC company has recently experienced a sharp decline in its stock price. Its current (time 0) stock price is $42.65, and this morning, it paid $5.00 per share. Given that the stock price four years ago was $82.88, complete the following time series of data by determining the missing values. t= -3, Pt =$83.43, Divt = $16.03, Rt = (1)t= -2, Pt =$85.20, Divt =(2), Rt = 22.8482%t= -1, Pt =(3), Divt =$17.50, Rt = 20.6572%t= 0, Pt =$42.65, Divt =$5.00, Rt =(4)
Give an example of a related rates situation that you experience in your everyday life
The line of best fit through a set of data is y = -23.849 + 0.834x According to this equation, what is the predicted value of the dependent variable when the independent variable has value 10? y = decimal place. Round to 1
At the stadium, there are three lines for arriving customers, each staffed by a single worker. The arrival rate for customers is 140 per minute and each customer takes (on average) 1.1 seconds for a worker to process. The coefficient of variation for arrival time is 1.4 and the coefficient of variation for service time is 1. (Round your answerto three decimal places.) How much time (in seconds will an average customer spend in queue? seconds
Lexi hiked 3 miles down into the hill at 3 miles per hour, then 3 miles back out of the hill at 1 mile per hour. how to a distance-time graph. What is the average speed?
The percentage of high school seniors using alcohol decreased from 68.4% in 1975 to 52.4% now. Express this change in two ways: (1) as an absolute difference in terms of percentage points and (2) as a relative difference in terms of percent. (1) The percentage of high school seniors using alcohol decreased by (Round to the nearest tenth as needed.) percentage points. %. (2) The percentage of high school seniors using alcohol decreased by (Round to the nearest tenth as needed.)