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:

Presenteeism

The phenomenon where employees show up to work even when they are ill or not fully functional, often resulting in reduced productivity.

Defence Mechanism

Psychological strategies brought into play by individuals or the ego to protect against anxiety arising from unacceptable thoughts or feelings.

Lazy

A description of an individual or behavior characterized by unwillingness to work or use energy, often viewed negatively.

Secretary

An administrative assistant performing routine clerical tasks, organizing files, preparing documents, and supporting other staff.