Constructing and Interpreting a Prediction Interval In Exercises 21–30, construct the indicated prediction interval and interpret the results.
27. Crude Oil Construct a 95% prediction interval for the amount of crude oil imported by the United States in Exercise 17 when the amount of crude oil produced by the United States is 8 million barrels per day.
17. Crude Oil The table shows the amounts of crude oil (in thousands of barrels per day) produced by the United States and the amounts of crude oil (in thousands of barrels per day) imported by the United States for seven years. The equation of the regression line is ŷ = –0.438x + 11,404.947. (Source: U.S. Energy Information Administration)
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Elementary Statistics: Picturing the World (7th Edition)
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