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

question 3

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, the managers of the brokerage firm wanted to test the hypothesis that the population slope was equal to 0.For a test with a level of significance of 0.01, the null hypothesis should be rejected if the value of the test statistic is .

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A structured approach to recovery from addiction, compulsion, or other behavioral problems, based on spiritual principles and peer support.

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A communication technique in which the listener repeats back what they have heard to the speaker, often in a paraphrased form, to confirm understanding and demonstrate empathy.

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A short-term psychotherapeutic approach that aims to provide rapid interventions to address and resolve specific issues or symptoms.