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

question 131

Short Answer

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 managers of the brokerage firm wanted to test the hypothesis that the number of new clients brought in had a positive impact on the amount of sales generated. For a test with a level of significance of 0.01, the null hypothesis should be rejected if the value of the test statistic is ________.

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Definitions:

Positive Emotions

Feelings that are pleasant or beneficial, such as happiness, joy, and love.

Challenging Life Events

Significant occurrences that require substantial adjustment efforts, potentially causing stress and affecting an individual's psychological wellbeing.

Lack Emotion

Describes a state or condition where an individual experiences a diminished capacity to feel emotions, often referred to as emotional numbness.

Decks Of Cards

A set of typically 52 cards used in various games, each card having a specific rank and suit.