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

question 171

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 prediction for the amount of sales (in $1,000s) for a person who brings 25 new clients into the firm is ________.

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Definitions:

Social Interaction

The process by which individuals act and react in relation to others.

Small Business Networks

The connections and relationships between small businesses, often to share resources, information, and support.

Job Seekers

Individuals actively looking for employment opportunities.

Social Networks

Platforms that facilitate online communication and interaction among users, enabling them to share content and ideas.