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The correlation coefficient for the data is r=0.936 and a =0.01. Should regression analysis be done? OThe regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y'=a+bx a = b = Find the cost of gasoline when oil is $60 a barrel. Round the answer to at least three decimal places. When oil is $60 a barrel, gas costs$ per gallon.

The correlation coefficient for the data is r=0.936 and a =0.01. Should regression analysis be done? OThe regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y'=a+bx a = b = Find the cost of gasoline when oil is $60 a barrel. Round the answer to at least three decimal places. When oil is $60 a barrel, gas costs$ per gallon.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter4: Writing Linear Equations
Section4.5: Analyzing Lines Of Fit
Problem 31E
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Es Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown below for a random selection of weeks in 2015. Oil ($) 66.30 47.23 53.72 43.17 61.92 84.25 Gasoline ($) 2.838 2.606 2.719 2.556 2.645 2.964 Send data to Excel The correlation coefficient for the data is r=0.936 and a=0.01. Should regression analysis be done? O The regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y'=a+bx a = b = Find the cost of gasoline when oil is $60 a barrel. Round the answer to at least three decimal places. When oil is $60 a barrel, gas costs$ per gallon. Submit Assignment Continue 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use Privacy Center | Accessibility MacBook Air 80 888 DII DD E10 F11
Transcribed Image Text:Es Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown below for a random selection of weeks in 2015. Oil ($) 66.30 47.23 53.72 43.17 61.92 84.25 Gasoline ($) 2.838 2.606 2.719 2.556 2.645 2.964 Send data to Excel The correlation coefficient for the data is r=0.936 and a=0.01. Should regression analysis be done? O The regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y'=a+bx a = b = Find the cost of gasoline when oil is $60 a barrel. Round the answer to at least three decimal places. When oil is $60 a barrel, gas costs$ per gallon. Submit Assignment Continue 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use Privacy Center | Accessibility MacBook Air 80 888 DII DD E10 F11
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