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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, suppose the managers of the brokerage firm want to construct a 99% confidence interval estimate for the mean sales made by brokers who have brought into the firm 24 new clients. The confidence interval is from ________ to ________.
-Referring to Table 12-4, suppose the managers of the brokerage firm want to construct a 99% confidence interval estimate for the mean sales made by brokers who have brought into the firm 24 new clients. The confidence interval is from ________ to ________.


Definitions:

Heart Rate

The quantity of heart pulsations measured within a specific duration, usually denoted in beats per minute (bpm).

Spotlight Effect

The belief that others are more focused on us than they actually are.

Self-Monitoring

The process of being critically aware of one's behavior and self-presentation in social contexts.

Self-Verification

The psychological process by which individuals seek to confirm or validate their self-concept or identity.

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