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:

Rewards Change

Rewards Change involves altering the incentives or rewards to influence behavior, often used in organizational and behavioral management to motivate desired actions.

Task Accomplishment

The successful completion or achievement of a specific task or set of tasks, often measured against predefined goals or standards.

Structural Barrier

Physical or societal obstacles that prevent individuals or groups from accessing certain opportunities or resources, often based on discrimination or entrenched norms.

Performance Measurements

Quantitative or qualitative assessment of how well an individual, group, or system is achieving its goals or objectives.