Oil Production in Mexico The following graph shows approximate daily oil production by a country's national oil company in millions of barrels per day, where tis the time in years since 2000. Also shown is the tangent line at the point corresponding to year 2 Oil production P(t) 3.9 3.6 3.3 3.12 3. 10 11 12 13 14 (a) Estimate the slope of the tangent line shown on the graph. HINT (Identify two points on the tangent line. (Round your answer to two decimal places) What does the graph tell you about oil production by the country's national oil company in 20117 million barrels per yeac milion barrels and decreasing at a rate of In 2011, daily oil production by the country's national oil company was
Oil Production in Mexico The following graph shows approximate daily oil production by a country's national oil company in millions of barrels per day, where tis the time in years since 2000. Also shown is the tangent line at the point corresponding to year 2 Oil production P(t) 3.9 3.6 3.3 3.12 3. 10 11 12 13 14 (a) Estimate the slope of the tangent line shown on the graph. HINT (Identify two points on the tangent line. (Round your answer to two decimal places) What does the graph tell you about oil production by the country's national oil company in 20117 million barrels per yeac milion barrels and decreasing at a rate of In 2011, daily oil production by the country's national oil company was
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
Chapter1: Functions
Section1.2: Functions Given By Tables
Problem 32SBE: Does a Limiting Value Occur? A rocket ship is flying away from Earth at a constant velocity, and it...
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Concept explainers
Rate of Change
The relation between two quantities which displays how much greater one quantity is than another is called ratio.
Slope
The change in the vertical distances is known as the rise and the change in the horizontal distances is known as the run. So, the rise divided by run is nothing but a slope value. It is calculated with simple algebraic equations as:
Question
Oil production in Mexico
The following graph shows approximate daily oil production by a country‘s national oil company in millions of barrels per day, where t is the time in years since 2000. Also shown is the tangent line at the point according to your 2011.
(a) estimate the slope of the tangent line shown on the graph. _____
(b) what does the graph tell you about oil production by the country’s national oil company in 2011? In 2011, daily oil production by the country’s national oil company was _____ million barrels and descending at a rate of ______million barrels per year.
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