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:

Cognitive Theory

A theory of psychology that emphasizes internal states, such as motivation, problem solving, decision-making, and thinking.

Psychodynamic Theory

Psychodynamic theory is an approach in psychology that emphasizes the influence of unconscious processes and childhood experiences on behavior.

Structuralism

An approach in psychology and sociology that involves understanding the structure of the human mind or society by analyzing the simplest, most significant components.

Psychoanalytic Psychologist

A professional in psychology who applies theories and techniques from psychoanalysis to understand and treat psychological issues, focusing on unconscious motives and childhood experiences.