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 7 years. Construct and interpret a 98% prediction interval for the amount of oil imported by the country and the amount of oil produced by the country is 5,483 thousand barrels per day. The equation of the regression line is y = -1.194x + 16,234.90

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Q: The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a…

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Q: The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a…

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Q: The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a…

A: Obtain the 99% prediction interval for the amount of crude oil produced by the country is 5634…

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