for the last seven years. Construct and interpret a 99% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,497 thousand barrels per day. The equation of the regression line is y=-1.164x+16,091.795. Oil produced, x 5,823 Oil imported, y 9,308 5,707 9,121 5,645 9,648 5,462 10,058 5,169 10,197 5,058 10,101 5,042 10,097 Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,497 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 99% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,497 thousand barrels per day produced. OB. We can be 99% confident that when the amount of oil produced is 5,497 thousand barrels per day, the amount of oil imported will be between and thousand barrels per day.
for the last seven years. Construct and interpret a 99% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,497 thousand barrels per day. The equation of the regression line is y=-1.164x+16,091.795. Oil produced, x 5,823 Oil imported, y 9,308 5,707 9,121 5,645 9,648 5,462 10,058 5,169 10,197 5,058 10,101 5,042 10,097 Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,497 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 99% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,497 thousand barrels per day produced. OB. We can be 99% confident that when the amount of oil produced is 5,497 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)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.CR: Chapter Review Exercises
Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...
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Please solve for A or B and the missing values
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. Construct and interpret a 99% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is
5,497 thousand barrels per day. The equation of the regression line is y=-1.164x + 16,091.795.
Oil produced, x
5,823
5,707
5,645
Oil imported, y
9,308
9,121
9,648
***
5,462
10,058
5,169
10,197
5,058
10,101
5,042
10,097
D
Construct and interpret a 99% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,497 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 99% chance that the predicted amount of oil imported is between and thousand barrels per day, when there are 5,497 thousand barrels per day produced.
OB. We can be 99% confident that when the amount of oil produced is 5,497 thousand barrels per day, the amount of oil imported will be between
thousand barrels per day.
and
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