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

question 12

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 managers of the brokerage firm wanted to test the hypothesis that the true slope was equal to 0.The value of the test statistic is ________.

---

Definitions:

Positivist Perspective

A viewpoint in sociology that relies on positive facts and empirical evidence to understand and interpret social behaviors.

Deviance

Deviance refers to behaviors or actions that violate social norms or values in a given society.

Determined Behavior

Behavior that is seen as controlled or dictated by internal or external factors, leaving little to no choice for the individual.

Observable Object

An object or phenomenon that can be perceived or noticed through the senses or scientific instruments.