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

question 126

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, suppose the managers of the brokerage firm want to construct a 99% prediction interval for the sales made by a broker who has brought into the firm 18 new clients. The prediction interval is from ________ to ________.

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Definitions:

Assertive Behavior

The expression of one's thoughts, feelings, and beliefs in a direct, honest, and respectful way.

Nonassertive

A communication and behavior style characterized by a lack of confidence and a tendency to yield to others' preferences or demands.

Aggressive

Behavior characterized by assertiveness and dominance, often with a readiness to confront or engage in conflict.

Miscommunication

A failure to convey or understand a message accurately, leading to confusion or conflict between the parties involved.