TABLE 13-4
the Managers of a Brokerage Firm Are

question 165

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 13-4, the managers of the brokerage firm wanted to test the hypothesis that the true slope was equal to 0. At a level of significance of 0.01, the decision that should be made implies that ______(there is or there is no) linear dependent relation between the independent and dependent variables.

Learn about psychographic segmentation and its relevance in marketing.

Understand the factors that influence market segmentation, such as demographics and consumer behavior.

Understand Kohlberg's theory of moral development along with its levels and stages.

Comprehend the process of sexual development from puberty through late adolescence, including differences between genders.

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Definitions:

Connective Tissue

Tissue that supports, binds together, and protects organs and other body structures, composed of cells embedded in an extracellular matrix.

Fibrosis

The formation of excess fibrous connective tissue in an organ or tissue in a reparative or reactive process.

Smooth Muscle Tone

The continuous and passive partial contraction of smooth muscles, which helps maintain functions like blood pressure and digestion.

Action Potentials

Short-lasting events in which the electrical membrane potential of a cell rapidly rises and falls, following a consistent trajectory.