SCENARIO 12-4
the Managers of a Brokerage Firm Are Interested

question 24

Short Answer

SCENARIO 12-4
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. $\begin{array}{lll}\text { Broker } & \text {Clients} & \text {Sales }\\1 & 27 & 52 \\2 & 11 & 37 \\3 & 42 & 64 \\4 & 33 & 55 \\5 & 15 & 29 \\6 & 15 & 34 \\7 & 25 & 58 \\8 & 36 & 59 \\9 & 28 & 44 \\10 & 30 & 48 \\11 & 17 & 31 \\12 & 22 & 38\end{array}$
-Referring to Scenario 12-4, suppose the managers of the brokerage firm want to construct n a99% prediction interval for the sales made by a broker who has brought into the firm 18 new clients.The t critical value they would use is .

Understand the importance and methodologies of group goal setting and achievement.

Recognize the integration of practice wisdom with evaluation methods to improve practice.

Identify effective monitoring techniques and information recording for group work.

Familiarize with various strategies for obtaining program information for group planning.

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Definitions:

Workplace Discrimination

Unfair treatment of employees based on race, gender, religion, age, disability, sexual orientation, or other protected characteristics.

Civil Rights Act

Legislation passed in the United States that aimed to end discrimination based on race, color, religion, sex, or national origin, notably the landmark act of 1964.

Federal Government

A system of government where power is divided between a national government and various regional governments.

Investigate Complaints

The process of formally examining allegations or grievances to determine their validity and find resolutions.