Find the curve of regression of x on y

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(a) Find the curve of regression of X on Y. Is the regression linear?

(b) Find the mean price paid by the carrier for a barrel of crude oil given that the refinery price is $30 per barrel.

(c) Find the curve of regression of Y on X. Is the regression linear?

(d) Find the mean price paid by the refinery for a barrel of crude oil given that the carrier paid $35 per barrel.

Reference no: EM131938812

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