Statistical analysis on the yearly production and utilization of crude oil gas in Nigeria Department: Mathematics and Statistics By: kruskalstat Project ID: 3144 Rating: (3.3) votes: 6Rate this project12345 Price:₦4000 Get the Complete MaterialAbstractFor the past three decades, crude oil has been a major source of revenue, energy and foreign exchange for the Nigerian Economy. Against this background, this project work analyzes the production and utilization of crude oil in barrels for the last ten years period using multiple regression models. Secondary data were used with the aid of statistical package for social science (SPSS). The regression estimate is derived mathematically as Y2.982- 0.0061+ 4.982 X2+1.193x3+ 2. 250X4 which was used to predict future, using past data, after testing the stated hypothesis, the research findings vividly shows that B2 (which is gas sold to third party) and B4 (Gas for LNG) was significant and the model is adequate meaning the relationship between production and utilization of crude oil....Preview Download Preview +Other Mathematics and Statistics project topics and materials you might be interested in»Statistical Quality Control of Premier Soap in Soap Manufacturing Industry ( A Case Study of PZ Cusson PLC Aba Abia State)»Statistical analysis of students’ height and weight (case study of federal polytechnic Nekede, Owerri, Imo state) »Statistical analysis of unemployment rate among age groups and geographical locations in Nigeria»Statistical analysis of the problems associated with skill acquisition in Nigeria (a case study of male tailors in Imo state)»Application of linear programming technique to profit maximization in the production of soap (a case study of Promotex industrial and chemical company limited, Nnewi, Anambra state) »Statistical analysis of foster care and adoption rate in Abia state (a case study of motherless babies home Ahiaeke, Umuahia)»Determination of nutritional status of children within the ages of four (4) to ten (10) years using their body mass index (BMI)»Time series analysis on marriage registration in Ilorin, Kwara state»Application of multiple queuing model in evaluating the efficiency of service in UBA bank»Statistical analysis on impact of parental hood on academic performance»Determinant of foreign direct investment in Nigeria and its effect on Nigerian economy: an empirical analysis»Econometrics analysis of gross national income on consumption expenditure of federal republic of Nigeria between (2011)»Statistical analysis of factors affecting crime in Imo state»Statistical study of the queuing pattern at the antinatal division of Federal Medical Center FMC Owerri Imo state»A statistical analysis of coal production in Nigeria - a case study of Nigeria coal corporation from 2000-2009