Examlex

Solved

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

question 62

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.
Broker  Clients Sales127522113734264433555152961534725588365992844103048111731122238\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,suppose the managers of the brokerage firm want to obtain a 99% confidence interval estimate for the mean sales made by brokers who have brought into the firm 24 new customers.The confidence interval is from ________ to ________.

Understand the job demands-resources model and its relevance to employee well-being.
Describe the stages and consequences of burnout on employees and organizations.
Recognize the characteristics of work engagement and its importance to organizational success.
Understand and identify strategies for dealing with stress and enhancing employee well-being.

Definitions:

Related Questions