Instruction 12.28
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 12.28,the managers of the brokerage firm wanted to test the hypothesis that the true slope was equal to 0.At a level of significance of 0.01,the null hypothesis should be ____________(rejected or not rejected).
Correct Answer:
Verified
Q82: The value of r is always positive.
Q102: Instruction 12.27
The director of cooperative education
Q104: Instruction 12.27
The director of cooperative education
Q105: Instruction 12.28
The managers of a brokerage
Q106: When r = -1,it indicates a perfect
Q108: Instruction 12.27
The director of cooperative education
Q109: Instruction 12.28
The managers of a brokerage
Q110: Instruction 12.28
The managers of a brokerage
Q111: Instruction 12.29
The managers of a brokerage
Q112: Instruction 12.27
The director of cooperative education
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