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

question 145

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 number of new customers brought in had a positive impact on the amount of sales generated.For a test with a level of significance of 0.01,the null hypothesis should be rejected if the value of the test statistic is ________.

Differentiate between various types of social movements (new social movements, reform movements, etc.) and their specific characteristics.

Assess the role of social movements in advancing human rights and civil liberties, including the historical context of such advancements.

Understand the characteristics of new social movements and their potential to become global.

Analyze the role of modern technology in the globalization of protest movements.

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Definitions:

Recruitment

The process organizations use to identify qualified individuals for a job.

Selection

The process or act of choosing someone or something from a group, often based on a set of criteria or preferences.

Qualified Individuals

Persons who possess the necessary skills, qualifications, or credentials to perform a specific job or task.

Industrial Psychology

The application of psychological principles and research methods to improve workplace behavior and productivity.