Instruction 12 -Referring to Instruction 12

question 146

Short Answer

Instruction 12.29
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.
$$\begin{array} { | l | l | l | } \hline \text { Broker } & \text { Clients } & \text { Sales } \\\hline 1 & 27 & 52 \\\hline 2 & 11 & 37 \\\hline 3 & 42 & 64 \\\hline 4 & 33 & 55 \\\hline 5 & 15 & 29 \\\hline 6 & 15 & 34 \\\hline 7 & 25 & 58 \\\hline 8 & 36 & 59 \\\hline 9 & 28 & 44 \\\hline 10 & 30 & 48 \\\hline 11 & 17 & 31 \\\hline 12 & 22 & 38 \\\hline\end{array}$$
-Referring to Instruction 12.29,the managers of the brokerage firm wanted to test the hypothesis that the number of new customers brought in had a positive impact on the amount of sales generated.The value of the test statistic is ____________

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Definitions:

Verbal Tasks

Activities or exercises that involve the use of language skills.

Ways of Knowing

Various methods or means through which knowledge is acquired, including but not limited to perception, reason, emotion, and language.

Connected Knowing

An epistemological approach that emphasizes understanding and empathy to know others by trying to see things from their perspectives.

Cognitive Tasks

Activities that require mental processing and use, aimed at testing or improving cognitive functions such as memory, attention, and problem-solving.