In 2004, the Texas Bureau of Economic Geology published a study on the economic impact of using carbon dioxide enhanced oil recovery (EOR) technology to extract additional oil from fields that have reached the end of their conventional economic life. The table gives the approximate number of jobs for the citizens of Texas that would be created at various levels of recovery. Find the regression line. Percent Recovery (%) - x 20 40 80 100 Jobs Created (Millions) - y 3 15 Use the regression line to estimate the number of jobs that would be created at a recovery level of 85%.
In 2004, the Texas Bureau of Economic Geology published a study on the economic impact of using carbon dioxide enhanced oil recovery (EOR) technology to extract additional oil from fields that have reached the end of their conventional economic life. The table gives the approximate number of jobs for the citizens of Texas that would be created at various levels of recovery. Find the regression line. Percent Recovery (%) - x 20 40 80 100 Jobs Created (Millions) - y 3 15 Use the regression line to estimate the number of jobs that would be created at a recovery level of 85%.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 24PPS
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Transcribed Image Text:In 2004, the Texas Bureau of Economic Geology published a study on the economic impact of using
carbon dioxide enhanced oil recovery (EOR) technology to extract additional oil from fields that
have reached the end of their conventional economic life. The table gives the approximate number
of jobs for the citizens of Texas that would be created at various levels of recovery. Find the
regression line.
Percent Recovery (%) -
20
40
80
100
X
Jobs Created (Millions) - y
3
15
Use the regression line to estimate the number of jobs that would be created at a recovery level of 85%.
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