Question: The table gives the approximate economic value associated with various levels of oil recovery in a U.S. state. Percent Recovery (%) 10 40 50 80

The table gives the approximate economic value associated with various levels of oil recovery in a U.S. state.

Percent Recovery (%) 10 40 50 80

Economic Value ($ billions) 600 1300 1400 2400

Find the regression line.

d(r) =

Use the regression line to estimate the economic value associated with a recovery level of 70%.

$ billion

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