Oil Recovery The table gives the approximate economic value associated with various levels of oil recovery in a U.S. state. Percent Recovery (%) 10 40 50 80 Economic Value ($ billions) 600 1,300 1,400 2,400 Find the regression line. d(r) = Use the regression line to estimate the economic value (in billions of dollars) associated with a recovery level of 60%. $ billion

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section: Chapter Questions
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Oil Recovery The table gives the approximate economic value associated with various levels of oil recovery in a U.S. state.
Percent Recovery (%)
10
40
50
80
Economic Value ($ billions)
600
1,300
1,400
2,400
Find the regression line.
d(r) =
Use the regression line to estimate the economic value (in billions of dollars) associated with a recovery level of 60%.
$
billion
Transcribed Image Text:Oil Recovery The table gives the approximate economic value associated with various levels of oil recovery in a U.S. state. Percent Recovery (%) 10 40 50 80 Economic Value ($ billions) 600 1,300 1,400 2,400 Find the regression line. d(r) = Use the regression line to estimate the economic value (in billions of dollars) associated with a recovery level of 60%. $ billion
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