Consider the Following to Answer the Question(s) Below

question 16

Multiple Choice

Consider the following to answer the question(s) below:
A small independent organic food store offers a variety of specialty coffees. To determine whether price has an impact on sales, the managers kept track of how many kilograms of each variety of coffee were sold last month. The data, scatterplot and summary statistics are shown below.

-What percent of the variation of the number of kilograms of coffee sold per month can be explained by variation of price per kilogram?

• A) 93%
• B) 100%
• C) 86%
• D) 96%
• E) 14%

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Definitions:

Non-white

A term used to describe individuals who do not identify as white, encompassing a diverse range of racial and ethnic backgrounds.

Power

Power is the capacity or ability to direct or influence the behavior of others or the course of events, often rooted in control over resources, authority, or social structures.

Business Case

A documented argument or rationale presented to justify a business project or investment, detailing the benefits, costs, and risks.

Diversity

The inclusion of different types of people (such as people of different races, cultures, genders, etc.) in a group or organization.