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.
$\begin{array}{ccc}\text {Broker }&\text { Clients}&\text { Sales}\\\hline1 & 27 & 52 \\2 & 11 & 37 \\3 & 42 & 64 \\4 & 33 & 55 \\5 & 15 & 29 \\6 & 15 & 34 \\7 & 25 & 58 \\8 & 36 & 59 \\9 & 28 & 44 \\10 & 30 & 48 \\11 & 17 & 31 \\12 & 22 & 38\end{array}$
-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 ________.

Comprehend the impact of group dynamics on individual behavior in conflict situations.

Identify factors that can either reduce or intensify intergroup conflicts.

Understand the role of contact and its conditions in resolving intergroup conflicts.

Analyze the influence of social, evolutionary, and economic forces on conflict escalation and resolution.

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Definitions:

Liverworts

Non-vascular plants belonging to the division Marchantiophyta, among the earliest land plants.

Dominant Sporophyte

A phase in the life cycle of plants and algae that is diploid and typically the most conspicuous and long-lived phase.

Ginkgos

A genus of highly unique trees known for their distinctive fan-shaped leaves; considered living fossils, as they have no close living relatives.

Gymnosperm

A group of seed-producing plants that includes conifers, cycads, ginkgo, and gnetophytes, which do not form flowers and fruits.