The following table represents world oil production in millions of barrels a day in the third quarter

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The following table represents world oil production in millions of barrels a day in the third quarter of 2011:
Region ___________________Oil Production (millions of barrels a day)
Iran ............................................................................. 3.53
Saudi Arabia ................................................................... 9.34
Other OPEC countries ...................................................... 22.87
Non-OPEC countries ........................................................ 52.52
Source: International Energy Agency, 2012.
a. Compute the percentage of values in each category.
b. What conclusions can you reach concerning the production of oil in the third quarter of 2011?
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Basic Business Statistics

ISBN: 9780321870025

13th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat

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