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
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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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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