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 98​% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,464

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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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

98​%

prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is

5,464

thousand barrels per day. The equation of the regression line is y=-1.106x+15,759.462

 

Oil_produced,_x    Oil_imported,_y
5,816    9,345
5,741    9,124
5,660    9,632
5,405    10,009
5,155    10,168
5,059    10,105
5,015    10,055

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