Reference no: EM131635677

You are the contacting specialist helping to form the government estimate for a new security guard contract. Based on the market research data and the information calculated below, which is the BEST Cost Estimating Relationship (CER) to build a government estimate? Contract Price Guard Posts $ Per Post Hours $ Per Hour 1 $4,395,000 8 $549,375.00 600,000 $7.33 2 $2,001,000 4 $500,250.00 273,500 $7.32 3 3,500,000 6 $583,333.33 480,000 $7.29 Range $2,001,000-$4,395,000 $500,250-$583,333.33 Average $5,444,319.44 $7.31 a. Dollars per post, because the average of the dollars per post are more tightly clustered than the average of the dollars per hour b. Dollars per hour, because the average of the dollars per hour are more loosely clustered than the average of the prices per post c. Dollars per post, because the average of the dollars per post are more loosely clustered than the average of the dollars per hour d. Dollars per hour, because the averaged of the dollars per hours are more tightly clustered than the average of the dollars per post.