TABLE 12-4
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 12-4, the standard error of estimate is ________.
Definitions:
World War II
A global conflict that lasted from 1939 to 1945, involving most of the world's nations and resulting in significant shifts in power and the creation of the United Nations.
Marriage Rates
The statistical measure of the number of marriages per unit of population within a specified time frame.
Divorce Rates
A statistical measure that shows the number of divorces that occur in a given population during a specified period.
Federal Government
A system of government where power is divided between a national (federal) government and various regional governments.
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