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

question 69

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 managers of the brokerage firm wanted to test the hypothesis that the number of new clients brought in did not affect the amount of sales generated. The value of the test statistic is ________.

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Definitions:

Encryption

Turning information or data into a secret code to prevent it from being accessed by those without permission.

Cellular Network

A communication network where the last link is wireless, often used for mobile phone communication, it's structured into cells, each served by a fixed-location transceiver.

Internet Access

The ability of individuals and organizations to connect to the Internet using computer terminals, computers, and other devices; and to access services such as email and the World Wide Web.

Network Access

The ability or permission to use a network for sending or receiving data.