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

question 69

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, the managers of the brokerage firm wanted to test the hypothesis that the number of new clients brought in did not affect the amount of sales generated. The value of the test statistic is ________.

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Definitions:

Activities

Actions or tasks undertaken by individuals, often as part of a larger project or program.

Mentoring

is a developmental partnership where a more experienced or knowledgeable person helps to guide a less experienced or knowledgeable person.

Protégés

Individuals who are guided and supported by more experienced or influential mentors in their personal or professional development.

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A developmental process where an experienced individual, known as a coach, supports a learner or client in achieving specific personal or professional goals.