The table below shows the amounts of crude oil? (in thousands of barrels per? da

Question

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

9898?%

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 comma 5345,534

thousand barrels per day. The equation of the regression line is ModifyingAbove y with caret equals negative 1.150 x plus 15 comma 991.277 .y=?1.150x+15,991.277.

Oil? produced, x

5 comma 8075,807

5 comma 7205,720

5 comma 6025,602

5 comma 4555,455

5 comma 1655,165

5 comma 0755,075

5 comma 0105,010

Oil? imported, y

9 comma 3249,324

9 comma 1229,122

9 comma 6179,617

10 comma 04110,041

10 comma 17110,171

10 comma 14710,147

10 comma 01710,017

Construct and interpret a

9898?%

prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is

5 comma 5345,534

thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice.

?(Round to the nearest cent as? needed.)

A.

There is a

9898?%

chance that the predicted amount of oil imported is between

nothing

and

nothing

thousand? barrels, when there are

5 comma 5345,534

thousand barrels produced.

B.

We can be

9898?%

confident that when the amount of oil produced is

5 comma 5345,534

thousand? barrels, the amount of oil imported will be between

nothing

and

nothing.

Oil? produced, x

5 comma 8075,807

5 comma 7205,720

5 comma 6025,602

5 comma 4555,455

5 comma 1655,165

5 comma 0755,075

5 comma 0105,010

Oil? imported, y

9 comma 3249,324

9 comma 1229,122

9 comma 6179,617

10 comma 04110,041

10 comma 17110,171

10 comma 14710,147

10 comma 01710,017

Explanation / Answer

a) Between 5.720572 and 5.4555455, because the value of 5.534534 is into the interval, and when you see the equation -3.44098x+28.838, the percentage of deviation is 98.9%

b)Between 9.1229122 and 10.0411004, and when you calculete the value you get 9.79422196

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