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The Following Display from a Graphing Calculator Presents the Least-Squares

Question 1

Multiple Choice

The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x) . The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x) . Predict the commodity price when oil costs $107 per barrel. A) $62 B) $530 C) $83 D) $36 Predict the commodity price when oil costs $107 per barrel.


A) $62
B) $530
C) $83
D) $36

Correct Answer:

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