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TABLE 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 Table 13-4, 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 ________.
Social Structure
The organized pattern of relationships and social institutions that together compose society, including roles, classes, and social hierarchies.
Republican Society
A social order that emphasizes the welfare of the community and operates on principles of democracy and the rule of law, often in contrast to a monarchy or dictatorship.
Common Good
The benefit or interests of all participants in a society, considered as a guiding principle for governance and public policy.
Standard Deviation
A measure of the dispersion or variability of a set of values around the mean.
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