A fuel consortium chairman at an airport wants to look at the relationship between cost of crude oil and the cost of jet fuel. The data show a linear pattern with the summary statistics shown below:
mean standard deviation
x= cost per barrel of crude overline x=57.4 sx=30.8 oil (dollars)
y= cost per barrel of jet fuel overline y=69.9 s y=35 (dollars)
r=0.99
Find the equation of the least-squares regression line for predicting the cost of jet fuel from the cost of crude oil. Round your entries to the nearest hundredth.