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

question 12

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 had a positive impact on the amount of sales generated. At a level of significance of 0.01, the decision that should be made implies that the number of new clients brought in ________ (had or did not have) a positive impact on the amount of sales generated.

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Definitions:

Peristalsis

A series of wave-like muscle contractions that moves food through the digestive tract.

Neurotransmitters

Chemical agents that facilitate communication from one neuron to another across a synaptic gap in the nervous system.

Fibrous Connective Tissue

A type of connective tissue rich in collagen fibers, providing support and strength to various body structures.

Cord-Like Structures

Anatomical features that resemble cords, such as tendons or ligaments, providing support or connecting different parts of the body.