Instruction 12 -Referring to Instruction 12

question 105

Short Answer

Instruction 12.28
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.
$$\begin{array} { | l | l | l | } \hline \text { Broker } & \text { Clients } & \text { 5les } \\\hline 1 & 27 & 52 \\\hline 2 & 11 & 37 \\\hline 3 & 42 & 64 \\\hline 4 & 33 & 55 \\\hline 5 & 15 & 29 \\\hline 6 & 15 & 34 \\\hline 7 & 25 & 58 \\\hline 8 & 36 & 59 \\\hline 9 & 28 & 44 \\\hline 10 & 30 & 48 \\\hline 11 & 17 & 31 \\\hline 12 & 22 & 38 \\\hline\end{array}$$
-Referring to Instruction 12.28,the least squares estimate of the slope is ____________

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Definitions:

Panic Attack

A sudden onset of intense fear or discomfort, where an individual may experience physical symptoms such as rapid heartbeat and sweating.

Phobia

An extreme or irrational fear or aversion to something, significantly impacting an individual's daily life.

Compulsion

An irresistible urge to perform an irrational or a seemingly senseless act repeatedly, often linked to obsessive-compulsive disorder.

Phobia

A phobia is an extreme or irrational fear of or aversion to something, significantly affecting a person's life and behavior.