on and Regression Quiz The table shows the amounts of crude

Last updated: 7/30/2023

on and Regression Quiz The table shows the amounts of crude oil in thousands of barrels per day produced by a certain country and the amounts of crude oil in thousands of barrels per day imported by the same country for seven years The equation of the regression line is y 1 222x 16 408 72 Complete parts a and b below Produced x Imported y a Find the coefficient of determination and interpret the result Round to three decimal places as needed How can the coefficient of determination be interpreted The fraction of the variation in the amount of error b Find the standard error of estimates and interpret the result s thousands of barrels per day Round to three decimal places as needed How can the standard error of estimate be interpreted The standard error of estimate of the amount of that can be explained by the variation in the amount of for 5 847 9 310 of 5 651 5 642 5 352 5 219 5 137 5 031 9 139 9 658 10 085 10 195 10 190 10 012 is is about s The remaining fraction of the variation is unexplained and is due to other factors or to sampling