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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
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($) l84.32 58.93 56.44 73.38 50.66 47.73 Gasoline($) l2.976 2.516 2.677 2.728 2.360 2.420 Send data to Excel The correlation coefficient for the data is 3' : 0.929 and (1 : 0.01. Should regression analysis be done? (I) The regression analysis should not be done. X b (9) The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. Undo J' l : (r + bx a : l_l b = l_l Find the cost of gasoline when oil is 355 a barrel. Round the answer to at least three decimal places. When oil is $55 a barrel, gas costsSl l per gallon
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