As with Many Other Construction Materials, the Price of Gravel

question 25

Multiple Choice

As with many other construction materials, the price of gravel (per ton) depends on the quantity of material ordered. The following table presents the unit cost (dollars/ton) for gravel for various order sizes (in tons) .
$\begin{array} { c c } \hline \text { Tons of Gravel } & \text { Unit Cost (dollars/ton) } \\\hline 10 & 30.44 \\47 & 18.99 \\60 & 17.31 \\61 & 16.85 \\22 & 22.80 \\60 & 17.71 \\58 & 18.12 \\39 & 19.59 \\74 & 17.35 \\59 & 18.00 \\\hline\end{array}$
Compute the coefficient of determination.

• A)0.8270
• B)-0.9094
• C)-0.0906
• D)0.1730

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Definitions:

Management Layers

The levels of management within an organization, from top-level executives to middle managers and then lower-level operational managers.

Downsizing

The process of reducing an organization's workforce or operations to decrease costs and improve efficiency, often leading to layoffs.

Workforce

The collective group of individuals engaged in work or employment within an organization, region, or country, contributing to its economy.