TABLE 13-4
the Managers of a Brokerage Firm Are

question 122

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 intothe firm affects the sales generated by the broker. Theysample 12 brokersand determine the numberof new clients they have enrolled in the last year and their sales amountsin thousandsof dollars. These data are presented in the table that follows. $\begin{array}{lll}\text { Broker } & \text { Clients } & \text { Sales } \\1 & 27 & 52 \\2 & 11 & 37 \\3 & 42 & 64 \\4 & 33 & 55 \\5 & 15 & 29 \\6 & 15 & 34 \\7 & 25 & 58 \\8 & 36 & 59 \\9 & 28 & 44 \\10 & 30 & 48 \\11 & 17 & 31 \\12 & 22 & 38\end{array}$

-Referring to Table 13-3, suppose the director of cooperative education wants to obtain a 95% prediction interval estimate for the number of job offers received by people who have had exactly one cooperative education job. The prediction interval is from_____ to_____
.

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Definitions:

Unenforceable

Describes a contract or clause that, due to legal deficiencies, cannot be upheld or enforced by a court.

Exculpatory Clauses

Clauses included in contracts that release one party from liability for harm or damage that might occur, despite negligence or fault.

Intentional Behavior

Actions or conduct carried out with a specific purpose or intent, often implying deliberateness.

Reckless Fault

A legal term referring to actions taken with deliberate disregard for the safety and well-being of others, often resulting in liability.