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

question 11

Short Answer

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, ________ % of the total variation in sales generated can be explained by the number of new clients brought in.

---

Definitions:

Project Resources

The various assets, such as time, money, personnel, and tools, allocated to achieve the objectives of a project.

Activities

Tasks or actions that are part of a project or process.

Estimations

Approximations or educated guesses about a project's timescales, costs, and resources, based on available data and experience.

Activity Durations

The total time taken from the start to the finish of an activity.