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Instruction 12 -Referring to Instruction 12

question 177

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Instruction 12.13
The managers of a brokerage firm are interested in finding out if the number of new customers a broker brings into the firm affects the sales generated by the broker. They sample 12 brokers and determine the number of new customers they have enrolled in the last year and their sales amounts in thousands of dollars. These data are presented in the table that follows.
 Broker  Clients  Sales 127522113734264433555152961534725588365992844103048111731122238\begin{array} { | l | l | l | } \hline \text { Broker } & \text { Clients } & \text { Sales } \\\hline 1 & 27 & 52 \\\hline 2 & 11 & 37 \\\hline 3 & 42 & 64 \\\hline 4 & 33 & 55 \\\hline 5 & 15 & 29 \\\hline 6 & 15 & 34 \\\hline 7 & 25 & 58 \\\hline 8 & 36 & 59 \\\hline 9 & 28 & 44 \\\hline 10 & 30 & 48 \\\hline 11 & 17 & 31 \\\hline 12 & 22 & 38 \\\hline\end{array}
-Referring to Instruction 12.13,the standard error of the estimated slope coefficient is ____________.


Definitions:

Benchmarking Information

The process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.

Performance Potential

An assessment of an individual's or system's capacity to achieve future goals or targets.

Search Site

A specific type of website designed to help users find information on the internet or within the site itself through the use of keywords or phrases.

Online Social Network

A platform on the internet where users can connect, interact, and share content with a community of people with similar interests.

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