Petroleum Production The table shows the North American
Chapter 5, Problem 5.64(choose chapter or problem)
Petroleum Production The table shows the North American petroleum productions y (in millions of barrels per day) from 2006 through 2013. Find the least squares regression linear and quadratic polynomials for the data. Then use the model to predict the petroleum production in 2018. Let t represent the year, with t = 6 corresponding to 2006. Which model appears to be more accurate for predicting future petroleum productions? Explain. (Source: U.S. Energy Information Administration)Year 2006 2007 2008 2009PetroleumProduction, y 15.3 15.4 15.1 15.4Year 2010 2011 2012 2013PetroleumProduction, y 16.1 16.7 17.9 19.3
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