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

question 171

Short Answer

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, the prediction for the amount of sales (in $1,000s) for a person who brings 25 new clients into the firm is ________.

---

Definitions:

Social Theorists

Scholars who develop ideas and theories to explain social phenomena, relationships, and structures within societies.

Products Of

Entities or outcomes that result from a specific process, action, or series of events.

Locke

A 17th-century English philosopher, John Locke, known for his contributions to liberalism, political theory, and his theories on mind and consciousness.

Preservation

The act of protecting, preserving, or maintaining something in its original or existing state, often in the context of the environment, history, or culture.