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

question 185

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 least squares estimate of the slope is ________.

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Definitions:

Dacryocystitis

An infection of the tear sac (dacryocyst) at the corner of the eye, leading to inflammation and often blockage of the tear duct.

Lacrimal Passage

A drainage system for tears from the eye into the nasal cavity, which includes the lacrimal ducts and sac.

Glaucoma

A group of eye conditions that damage the optic nerve, often resulting in vision loss and blindness.

Proptosis

The protrusion or forward displacement of the eye from its orbit, which can result from trauma, tumors, or thyroid eye disease.