TABLE 13-4
the Managers of a Brokerage Firm Are

question 67

Essay

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.
$\begin{array}{lll}\text { Broker } & \text { Cliente } & \text { Sales } \\1 & 27 & 52 \\2 & 11 & 37 \\3 & 42 & 64 \\4 & 33 & 55 \\5 & 15 & 29 \\6 & 15 & 34 \\7 & 25 & 58 \\8 & 36 & 59 \\9 & 28 & 44 \\10 & 30 & 48 \\11 & 17 & 31 \\12 & 22 & 38\end{array}$


-Referring to Table 13-4, set up a scatter diagram.

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Definitions:

Treasury Bond

Long-term, fixed-interest U.S. government debt security with a maturity of more than 10 years.

Certificate of Deposit

A savings certificate with a fixed maturity date and interest rate, issued by a bank to a person depositing money for a specified period of time.

Corporate Bonds

Debt securities issued by corporations to finance operations, typically offering fixed interest payments.

Convertible Bond

A type of bond that allows the bondholder to convert the bond into a predetermined number of shares of the issuing company, usually at certain times during its life.