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TABLE 13-4 The Managers of a Brokerage Firm Are Interested in Finding

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TABLE 13-4
The managers of a brokerage firm are interested in finding out if the number of new clients a broker brings into the firm affects the sales generated by the broker. They sample 12 brokers and determine the number of new clients they have enrolled in the last year and their sales amounts in thousands of dollars. These data are presented in the table that follows. TABLE 13-4 The managers of a brokerage firm are interested in finding out if the number of new clients a broker brings into the firm affects the sales generated by the broker. They sample 12 brokers and determine the number of new clients they have enrolled in the last year and their sales amounts in thousands of dollars. These data are presented in the table that follows.   -Referring to Table 13-4, set up a scatter plot.
-Referring to Table 13-4, set up a scatter plot.


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Exchange Rate

the price of one currency in terms of another currency, determining how much foreign currency can be exchanged for a unit of domestic currency.

Lawn Mower

A machine utilizing revolving blades or a blade reel to cut a grass surface to an even height, widely used in garden maintenance.

Average Rate of Return

A financial ratio that calculates the expected return on an investment relative to its initial cost.

US Dollar

The official currency of the United States, widely used as a benchmark and reserve currency worldwide.

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