Mathematics, 06.04.2021 21:40 zel117

A fuel consortium chairman at an airport wants to look at the relationship between cost of crude oil and the cost of jet fuel. The data show a linear pattern with the summary statistics shown below: mean standard deviation 30.8 cost per barrel of crude oil (dollars) = 57.4 y=cost per barrel of jet fuel (dollars) y = 69.9 8y = 35 T=0.99 Find the equation of the least-squares regression line for predicting the cost of jet fuel from the cost of crude oil. Round your entries to the nearest hundredth.

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A fuel consortium chairman at an airport wants to look at the relationship between cost of crude oil...