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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=-1.303x+16,853.86. Complete parts (a) and (b) below X Y 5,819 9,330 Part 1 Find the coefficient of determination and interpret the result. r2= (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The fraction of the variation in the amount of is unexplained and is due to other factors or to sampling error. Part 3 Find the standard error of estimate Se and interpret the result. Se=_ (Round to three decimal places as needed.) Part 4 How can the standard error of estimate be interpreted? The standard error of estimate of the amount of 5,674 9,168 for 5,638 19,649 I 5,361 10,045 that can be explained by the variation in the amount of, is about Se 5,208 10,114 5,169 10,123 The remaining fraction_ 5,095 10,087 of the variation

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=-1.303x+16,853.86. Complete parts (a) and (b) below X Y 5,819 9,330 Part 1 Find the coefficient of determination and interpret the result. r2= (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The fraction of the variation in the amount of is unexplained and is due to other factors or to sampling error. Part 3 Find the standard error of estimate Se and interpret the result. Se=_ (Round to three decimal places as needed.) Part 4 How can the standard error of estimate be interpreted? The standard error of estimate of the amount of 5,674 9,168 for 5,638 19,649 I 5,361 10,045 that can be explained by the variation in the amount of, is about Se 5,208 10,114 5,169 10,123 The remaining fraction_ 5,095 10,087 of the variation

MATLAB: An Introduction with Applications
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 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=-1.303x+16,853.86. Complete parts (a) and (b) below X 5,819 9,330 Part 1 Find the coefficient of determination and interpret the result. r2=_ (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The fraction of the variation in the amount of is unexplained and is due to other factors or to sampling error. Part 3 Find the standard error of estimate Se and interpret the result. Se= (Round to three decimal places as needed.) Part 4 How can the standard error of estimate be interpreted? The standard error of estimate of the amount of 5,674 9,168 for 5,638 19,649 5,361 10,045 that can be explained by the variation in the amount of is about Se 5,208 10,114 5,169 10,123 The remaining fraction, B 5,095 10,087 of the variation
Transcribed Image Text: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=-1.303x+16,853.86. Complete parts (a) and (b) below X 5,819 9,330 Part 1 Find the coefficient of determination and interpret the result. r2=_ (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The fraction of the variation in the amount of is unexplained and is due to other factors or to sampling error. Part 3 Find the standard error of estimate Se and interpret the result. Se= (Round to three decimal places as needed.) Part 4 How can the standard error of estimate be interpreted? The standard error of estimate of the amount of 5,674 9,168 for 5,638 19,649 5,361 10,045 that can be explained by the variation in the amount of is about Se 5,208 10,114 5,169 10,123 The remaining fraction, B 5,095 10,087 of the variation
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