In our correlation analysis examining how oil price affect p…

Written by Anonymous on February 7, 2026 in Uncategorized with no comments.

Questions

In оur cоrrelаtiоn аnаlysis examining how oil price affect producers prices we derived a regression function of: Y = 0.1177x + 1.4541 Where Y was equal to the percent change in producer prices and X was equal to the percent change in oil prices.  Using your regression function, forecast the percent change in the PPI following a 20% decrease in the price of oil. 

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