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

question 195

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 population slope was equal to 0. At a level of significance of 0.01, the decision that should be made implies that ________ (there is a or there is no) linear dependent relationship between the independent and dependent variables.

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Definitions:

Polygraph

A lie detector test that measures physiological responses such as blood pressure, pulse, respiration, and skin conductivity when a person answers questions, indicating potential deception.

Sex Offenders

Individuals who have committed sexual crimes and are subject to specific legal restrictions.

Collecting Accurate Information

The systematic approach to gather precise and correct data or facts from various sources, essential for informed decision-making processes.

Deviant Lying

The act of telling falsehoods that deviate significantly from societal norms or expectations, often with harmful intentions.