42. Offshore Crude Oil Production: Mexico The following table shows daily offshore crude oil production by Pemex, Mexico’s national oil company, for 2008–2014 (t 5 0 rep-resents 2008):6Year t (year since 2008)0 1 2 3 4 5 6Offshore Crude Oil Production s1t2 (million barrels/day)2.25 2.01 1.94 1.90 1.90 1.90 1.85a. Find s102, s122, and s142. Interpret your answers.b. Find s1422s102. Interpret your answer.
42. Offshore Crude Oil Production: Mexico The following table shows daily offshore crude oil production by Pemex, Mexico’s national oil company, for 2008–2014 (t 5 0 rep-resents 2008):6Year t (year since 2008)0 1 2 3 4 5 6Offshore Crude Oil Production s1t2 (million barrels/day)2.25 2.01 1.94 1.90 1.90 1.90 1.85a. Find s102, s122, and s142. Interpret your answers.b. Find s1422s102. Interpret your answer.
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
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42. Offshore Crude Oil Production: Mexico The following table shows daily offshore crude oil production by Pemex, Mexico’s national oil company, for 2008–2014 (t 5 0 rep-resents 2008):6Year t (year since 2008)0 1 2 3 4 5 6Offshore Crude Oil Production s1t2 (million barrels/day)2.25 2.01 1.94 1.90 1.90 1.90 1.85a. Find s102, s122, and s142. Interpret your answers.b. Find s1422s102. Interpret your answer. 43. Social Website Popularity: Twitter The following table shows the popularity of Twitter among social media sites as rated by StatCounter.com (t is the number of years since the start of 2008):7Year t (year since start of 2008)1 2 4 5Twitter Popularity p1t2 (%)7 6 6 7a. Represent p graphically, and then use your graph to estimate p14.52. Interpret your answer.b. One of the following models fits the data almost exactly. Which model is it?(A) p1t25 0.4t32 4t21 12.5t 1 15(B) p1t25 20.33t21 2t 2 8.7(C) p1t25 20.4t31 4t22 12.5t 1 15(D) p1t25 0.33t22 2t 1 8.7 44. Social Website Popularity: Delicious The following table shows the popularity of Delicious among social media sites as rated by StatCounter.com (t is the number of years since the start of 2008):8Year t (year since start of 2008)1 2 3 4 5Delicious Popularity p1t2 (%)0.4 0.2 0.1 0.05 0.02a. Represent p graphically, and then use your graph to estimate p13.52. Interpret your answer.b. One of the following models fits the data exactly. Which model is it?(A) p1t250.8122t2(B) p1t250.812t2(C) p1t25 0.02t22 0.2t 1 0.6(D) p1t25 20.02t21 0.2t 2 0.6Housing Starts Exercises 45–48 refer to the following graph, which shows the number f 1t2 of housing starts for single‑family homes in the United States each year from 2000 through 2014 (t 5 0 represents 2000, and f 1t2 is in thousands of units):90246810 124002006001,0008001,2001,4001,6001,800f(t)14tHousing starts (thousands) 45. Estimate f 172, f 1142, and f 19.52. Interpret your answers. 46. Estimate f 132, f 162, and f 18.52. Interpret your answers. 47. Estimate f 17232 and f 1722f 132. Interpret your answers. 48. Estimate f 113232 and f 11322f 132. Interpret your answers. 49. ▼ For which value or values of t is f 1t1522f 1t2 great-est? Interpret your answer. 50. ▼ For which value or values of t is f 1t22f 1t212 least? Interpret your answer5 Source: www.pemex.com (March 2015).6 Ibid.7 Percentages are based on worldwide page views. Source: http://gs .statcounter.com.8 Figures are approximate. Source: Ibid.9 Data are approximate. Source: www.census.gov.74203_ch01_045-132.indd 60 12/1/16 10:10 AM
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