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The table shows the amounts of crude oil(in thousands of barrels perday) produced by a certain country and the amounts of crude oil(in thousands of

The table shows the amounts of crude oil(in thousands of barrels perday) produced by a certain country and the amounts of crude oil(in thousands of barrels perday) imported by the same country for seven years. The equation of the regression line is

y=1.295x+16,820.46. Complete parts(a) and(b) below.

Produced, x

5,793

5,720

5,623

5,436

5,232

5,126

5,096

Imported, y

9,306

9,145

9,680

10,044

10,160

10,161

10,012

(a) Find the coefficient of determination and interpret the result.

r2=

nothing

(Round to three decimal places asneeded.)

How can the coefficient of determination beinterpreted?

The fraction of the variation in the amount of

imported crude oil

produced crude oil

that can be explained by the variation in the amount of

imported crude oil

produced crude oil

is

r squared .

r2.

1 minus r squared .

1r2.

The remaining fraction

r squared

r2

1 minus r squared

1r2

of the variation is unexplained and is due to other factors or to sampling error.

(b) Find the standard error of estimate se and interpret the result.

se=

nothing

thousands of barrels per day

(Round to three decimal places asneeded.)

How can the standard error of estimate beinterpreted?

The standard error of estimate of the amount of

imported crude oil

produced crude oil

for

a specific amount

any amount

any amount within the range of the data set

of

imported crude oil

produced crude oil

is about se

thousand of barrels per day.

thousand of barrels per year.

thousand of barrels.

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