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

question 12

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 had a positive impact on the amount of sales generated. At a level of significance of 0.01, the decision that should be made implies that the number of new clients brought in ________ (had or did not have) a positive impact on the amount of sales generated.

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Definitions:

Getting Some Food

The act of obtaining food to satisfy hunger, which can encompass a range of behaviors from purchasing food at a store to preparing a meal.

Sleeping

The natural state of rest for the mind and body, characterized by altered consciousness and reduced sensory activity.

Jogging

A form of aerobic exercise involving running at a slow or leisurely pace, aimed at improving fitness and cardiovascular health.

Arousal Theory

The theory suggesting that people are motivated to maintain an optimal level of arousal, neither too high nor too low.