Using data from 2010 and projected to 2030, the U S crude oil production, in billions of barrels, can be approximated by P 0 00105t 2 0 0367t 1 94 where t is the number of years after 2010 Department of Energy (a) What t value represents 2020 (b) Actual production in 2014 was 2 10 billion barrels W...

Using data from 2010 and projected to 2030, the U.S. crude oil production, in billions of barrels,

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Using data from 2010 and projected to 2030, the U.S. crude oil production, in billions of barrels, can be approximated by

P = -0.00105t² + 0.0367t + 1.94

where t is the number of years after 2010. Department of Energy.

(a) What t-value represents 2020?

(b) Actual production in 2014 was 2.10 billion barrels. What does the equation give as the 2014 approximation?

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Mathematical Applications For The Management, Life And Social Sciences

ISBN: 9781337625340

12th Edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Sep 30, 2020 09:05 AM

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Using data from 2010 and projected to 2030, the U.S. crude oil production, in billions of barrels,

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Mathematical Applications For The Management, Life And Social Sciences

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