The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same countryfor seven years. The equation of the regression line is y=-1.196x+16,255.09. Complete parts (a) and (b) below.Produced, xImported, y(a) Find the coefficient of determination and interpret the result(Round to three decimal places as needed.)How can the coefficient of determination be interpreted?The fraction of the variation in the amount ofthe variation is unexplained and is due to other factors or to sampling error.(b) Find the standard error of estimates, and interpret the result.thousands of barrels per day(Round to three decimal places as needed.)How can the standard error of estimate be interpreted?The standard error of estimate of the amount of5,8279,349for5,701 5,590 5410 5.216 5,105 5,0359,107 9,654 10,059 10,105 10,198 10,003BULLMthat can be explained by the variation in the amount ofofis aboutThe remaining fractionNext

Given Information: The regression equation is, y^=-1.196x+16255.09

Answered: The table shows the amounts of crude…

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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The volume (in cubic feet) of a black cherry tree can be modeled by the equation y=−51.9+0.3x1+4.9x2, where x1 is the tree's height (in feet) and x2 is the tree's diameter (in inches). Use the multiple regression equation to predict the y-values for the values of the independent variables.
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The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same country for seven years. The equation of the regression line is y = - 1.269x + 16,635.60. Complete parts (a) and (b) below. Produced, x Imported, y 5,718 5,612 5,409 5,228 5,128 5,006 O 9,106 9,631 10,000 10,140 10,133 10,059 5,759 9,318 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)
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The volume (in cubic feet) of a black cherry tree can be modeled by the equation y = - 50.8 + 0.3x, +4.5x,, where x, is the tree's height (in feet) and x, is the tree's diameter (in inches). Use the multiple regression equation to predict the y-values for the values of the independent variables. x, = 70, x, = 8.6 The predicted volume is cubic feet. (Round to one decimal place as needed.)
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Please solve only part d) and part e)

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