Instruction 12.29
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 12.29,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 null hypothesis should be ____________ (accepted or rejected).
Correct Answer:
Verified
Q124: Instruction 12.29
The managers of a brokerage
Q125: Instruction 12.34
The management of a chain
Q126: Instruction 12.33
It is believed that the
Q127: Instruction 12.32
It is believed that average
Q128: Instruction 12.34
The management of a chain
Q130: Instruction 12.31
An investment specialist claims that
Q131: Instruction 12.34
The management of a chain
Q132: Instruction 12.32
It is believed that average
Q133: Instruction 12.31
An investment specialist claims that
Q134: Instruction 12.33
It is believed that the
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