MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
Question in 1st image. Refer to data in 2nd image.
a. Determine the best fit curve for the data. Show the equation representing the best fit curve and the coefficient of determination (R). R² shows how well the best fit curve fits the data. b. What would likely be the average price of a barrel of crude oil in the 45" month? c. What was the average price of a barrel of crude oil in the 23d month?
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Transcribed Image Text:a. Determine the best fit curve for the data. Show the equation representing the best fit curve and the coefficient of determination (R). R² shows how well the best fit curve fits the data. b. What would likely be the average price of a barrel of crude oil in the 45" month? c. What was the average price of a barrel of crude oil in the 23d month?
A B 1 Month end Average price of a barrel of crude oil ($) 2 2 108 3 4 112 4 100 8 105 10 115 7 12 118 8 14 100 9. 16 95 10 18 84 11 20 80 12 22 76 13 24 72 14 26 70 15 28 68 16 30 65 17 32 60 18 34 65 19 36 65 20
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Transcribed Image Text:A B 1 Month end Average price of a barrel of crude oil ($) 2 2 108 3 4 112 4 100 8 105 10 115 7 12 118 8 14 100 9. 16 95 10 18 84 11 20 80 12 22 76 13 24 72 14 26 70 15 28 68 16 30 65 17 32 60 18 34 65 19 36 65 20
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