Examlex

Solved

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

question 28

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.  Broker ClientsSales 127522113734264433555152961534725588365992844103048111731122238\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.The value of the test statistic is _.

Definitions:

Related Questions

Q31: Referring to SCENARIO 13-19, what is the

Q43: A test for whether one proportion is

Q48: Referring to Scenario 12-4, the degrees of

Q49: Referring to Scenario 12-4, the regression sum

Q122: Referring to Scenario 12-11, which of the

Q139: If we are testing for the difference

Q147: If the residuals in a regression analysis

Q189: Referring to SCENARIO 13-19, there is not

Q209: Referring to Scenario 10-15, what is the

Q229: Referring to SCENARIO 13-8, the value of