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.
-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.At a level of significance of 0.01,the decision that should be made implies that the number of new customers brought in ________ (had or did not have)a positive impact on the amount of sales generated.
Correct Answer:
Verified
Q82: The value of r is always positive.
Q99: Instruction 12-5
The managing partner of an
Q101: Instruction 12-4
The managers of a brokerage
Q102: Instruction 12-3
The director of cooperative education
Q103: Instruction 12-4
The managers of a brokerage
Q105: Instruction 12-4
The managers of a brokerage
Q106: Instruction 12-3
The director of cooperative education
Q107: Instruction 12-3
The director of cooperative education
Q108: Instruction 12-3
The director of cooperative education
Q109: Instruction 12-4
The managers of a brokerage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents