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

question 27

Short Answer

SCENARIO 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 Scenario 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:

Trainability Equation

A formula or concept used to assess or predict an individual's ability to learn or acquire new skills.

Trainability Score

A metric used to evaluate an individual's capacity to learn new skills or adapt to new training effectively.

Baldwin and Ford

Researchers known for their model on the transfer of training, emphasizing the role of the learning environment, trainee characteristics, and training design.

Trainee Characteristics

Attributes or qualities of individuals undergoing training, including background, cognitive ability, learning styles, and motivation, which can affect the outcome of the training process.