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Describe low correlation between year and production

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Reference no: EM131714190

Question: Oil production 2005. The following table shows the oil production of the United States from 1949 to 2005 (in thousands of barrels per year):

955_Production.png

a) Find the correlation between Year and Production.

b) A reporter concludes that a low correlation between Year and Production shows that oil production has remained steady over the 57-year period. Do you agree with this interpretation? Explain.

Reference no: EM131714190

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