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. Constr and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,542 thousand barrels per day. The equation of the regression line is y=1.248x+16,547.218 Oil produced, x Oil imported, y 5,759 9,307 5,724 9,146 5.642 9,611 5,482 10,011 5,199 10,185 5,092 10,116 5,052 10,088 Q Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,542 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to two decimal places as needed.) OA. There is a 90% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,542 thousand barrels per day produced. OB. We can be 90% confident that when the amount of oil produced is 5,542 thousand barrels per day, the amount of oil imported will be between and thousand barrels per day.
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. Constr and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,542 thousand barrels per day. The equation of the regression line is y=1.248x+16,547.218 Oil produced, x Oil imported, y 5,759 9,307 5,724 9,146 5.642 9,611 5,482 10,011 5,199 10,185 5,092 10,116 5,052 10,088 Q Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,542 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to two decimal places as needed.) OA. There is a 90% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,542 thousand barrels per day produced. OB. We can be 90% confident that when the amount of oil produced is 5,542 thousand barrels per day, the amount of oil imported will be between and thousand barrels per day.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
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Transcribed Image Text: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. Construc
and interpret a 90% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,542 thousand barrels per day. The equation of the regression line is
y = - 1.248x + 16,547.218.
Oil produced, x
Oil imported, y
5,759
9,307
5,724
9,146
5.642
9,611
5,482
10,011
5,199
10,185
5,092
10,116
5,052
10,088
2
Construct and interpret a 90% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,542 thousand barrels per day. Select the correct choice below and fill in the
answer boxes to complete your choice.
(Round to two decimal places as needed.)
O A. There is a 90% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,542 thousand barrels per day produced.
O B. We can be 90% confident that when the amount of oil produced is 5,542 thousand barrels per day, the amount of oil imported will be between and thousand barrels per day.
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