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The Following Table Shows the Rate of Oil Consumption (In

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The following table shows the rate of oil consumption (in thousands of barrels per year) by a certain city. Estimate the total consumption of oil by the city from 1999 -2004 by using 5 equal subdivisions and left-hand endpoints to estimate the area under the graph that corresponds to the table from 1999 to 2004. The following table shows the rate of oil consumption (in thousands of barrels per year)  by a certain city. Estimate the total consumption of oil by the city from 1999 -2004 by using 5 equal subdivisions and left-hand endpoints to estimate the area under the graph that corresponds to the table from 1999 to 2004.   A)  17.704 thousand barrels B)  16.632 thousand barrels C)  16.816 thousand barrels D)  17.546 thousand barrels E)  15.689 thousand barrels


Definitions:

Technical Indicator

A mathematical calculation based on historical price, volume, or open interest information that aims to forecast financial market direction.

Variance Inflation Factor

A measure used in statistics to identify the degree of multicollinearity in a set of regression variables.

Multicollinearity

A statistical phenomenon in which predictor variables in a multiple regression model are highly correlated, potentially diminishing the reliability of the estimates.

Multiple Linear Regression

An analytical approach that leverages various predictor variables to determine the outcome of a target variable.

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