Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 2 - Section 2.4 - Assess Your Understanding - Applying the Concepts - Page 116: 10b

Answer

The U.S. strategic oil reserve would last about 73 days.

Work Step by Step

U.S. strategic oil reserve (2009): $726.6~millions~of~barrels$. Import oil rate: $\frac{10~millons~of~barrels}{day}$ $Time~left=\frac{726.6~millions~of~barrels}{\frac{10~millons~of~barrels}{day}}=72.66~days\approx73~days$
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