Instruction 12-4
the Managers of a Brokerage Firm Are Interested

question 18

Short Answer

Instruction 12-4
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.
$\begin{array}{ccc} \text {Broker }&\text {Clients }&\text {Sales }\\\hline1 & 27 & 52 \\2 & 11 & 37 \\3 & 42 & 64 \\4 & 33 & 55 \\5 & 15 & 29 \\6 & 15 & 34 \\7 & 25 & 58 \\8 & 36 & 59 \\9 & 28 & 44 \\10 & 30 & 48 \\11 & 17 & 31 \\12 & 22 & 38\end{array}$
-Referring to Instruction 12-4,the standard error of estimate is ________.

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Definitions:

Collective Unconscious

The deepest level of the psyche containing the accumulation of inherited experiences of human and pre-human species.

Rational Functions

In psychology, this refers to cognitive processes involved in logical reasoning, decision-making, and problem-solving.

Extraversion

An attitude of the psyche characterized by an orientation toward the external world and other people.

Introversion

An attitude of the psyche characterized by an orientation toward one’s own thoughts and feelings.