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TABLE 12-4 The Managers of a Brokerage Firm Are Interested in Finding

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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.
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 coefficient of correlation is ________.
-Referring to Table 12-4, the coefficient of correlation is ________.


Definitions:

Mentor Relationships

The dynamic between a more experienced individual (mentor) and a less experienced individual (mentee), geared towards the latter's personal and professional development.

Time Frame

A period during which certain actions, projects, or effects are expected to take place or be completed.

Influence Tactics

Strategies or approaches used by individuals or groups to persuade or affect the behavior and decision-making of others.

Product Knowledge

The understanding of a company's goods or services, including their features, benefits, and use, which is crucial for effective sales and customer service.

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