Question: Develop a simple linear regression equation with Price gas as the Y-variable (dependent) and Price oil as the X-variable (independent). b. Predict the price of

Develop a simple linear regression equation with Price gas as the Y-variable (dependent)

and Price oil as the X-variable (independent).

b. Predict the price of gasoline (cents per gallon) when the price of crude oil is $50 (per

barrel).

c.Predict the change in the price of gasoline when the crude oil price increases $10.

d. Comment on the R-square value for your equation

Develop a simple linear regression equation with Price gas as the Y-variable

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