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 99% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,634 thousand barrels per day. The equation of the regression line is y=-1.190x+16,230.863. Oil produced, x 5,811 5,450 5,168 5,094 O 5,659 9,621 Oil imported, y 9,320 10,030 10,126 10,157 5,739 9,118 CHILE 5,049 10,066 Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,634 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to two decimal places as needed.) OA. There is a 99% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,634 thousand barrels per day produced. OB. We can be 99% confident that when the amount of oil produced is 5,634 thousand barrels per day, the amount of oil imported will be between thousand barrels per day. Save and
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 99% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,634 thousand barrels per day. The equation of the regression line is y=-1.190x+16,230.863. Oil produced, x 5,811 5,450 5,168 5,094 O 5,659 9,621 Oil imported, y 9,320 10,030 10,126 10,157 5,739 9,118 CHILE 5,049 10,066 Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,634 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to two decimal places as needed.) OA. There is a 99% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,634 thousand barrels per day produced. OB. We can be 99% confident that when the amount of oil produced is 5,634 thousand barrels per day, the amount of oil imported will be between thousand barrels per day. Save and
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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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 99% prediction interval for the amount of crude oil imported by the this country
when the amount of crude oil produced by the country is 5,634 thousand barrels per day. The equation of the regression line is y=- 1.190x+16,230.863.
Oil produced, x
5,811
5,659
5,450
5,168
5,094
Oil imported, y
9,320
9,621
10,030
10,126
10,157
5,739
9,118
LL
OA. There is a 99% chance that the predicted amount of oil imported is between
per day produced.
5,049
10,066
Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,634 thousand
barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to two decimal places as needed.)
and
Save
thousand barrels per day, when there are 5,634 thousand barrels
OB. We can be 99% confident that when the amount of oil produced is 5,634 thousand barrels per day, the amount of oil imported will be between
thousand barrels per day.
and
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