The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude ol (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 90% prediction interval for the amount of crude ol imported by the this country when the amount of crude oil produced by the country is 5,604 thousand barrels per day. The equation of the regression line is y = - 1.183x + 16,191.143. Oil produced, x Oil imported, y 5,792 5,711 5,614 5,490 5,185 5,073 5,034 9.331 9,111 9,611 10,086 10,165 10,138 10,066 Construct and interpret a 90% prediction interval for the amount of crude ol imported when the amount of crude oil produced by the country is 5,604 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 90% confident that when the amount of oil produced is 5,604 thousand barrels, the amount of ol imported will be between and OB. There is a 90% chance that the predicted amount of oil imported is between and thousand barrels, when there are 5.604 thousand barrels produced.

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The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the
amount of crude oil produced by the country is 5,604 thousand barrels per day. The equation of the regression line is y = - 1.183x + 16,191.143.
Oil produced, x
Oil imported, y
5,792
5,711
5,614
5,490
5,185
5,073
5,034
9,331
9,111
9,611
10,086
10,165
10,138
10,066
Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,604 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to the nearest cent as needed.)
O A. We can be 90% confident that when the amount of oil produced is 5,604 thousand barrels, the amount of oil imported will be between
and
O B. There is a 90% chance that the predicted amount of oil imported is between
and
thousand barrels, when there are 5,604 thousand barrels produced.
Transcribed Image Text:The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,604 thousand barrels per day. The equation of the regression line is y = - 1.183x + 16,191.143. Oil produced, x Oil imported, y 5,792 5,711 5,614 5,490 5,185 5,073 5,034 9,331 9,111 9,611 10,086 10,165 10,138 10,066 Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,604 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 90% confident that when the amount of oil produced is 5,604 thousand barrels, the amount of oil imported will be between and O B. There is a 90% chance that the predicted amount of oil imported is between and thousand barrels, when there are 5,604 thousand barrels produced.
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