Instruction 12.39
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 12.39,suppose the managers of the brokerage firm want to obtain a 99% prediction interval for the sales made by a broker who has brought into the firm 18 new customers.The t critical value they would use is __________.
Correct Answer:
Verified
Q178: If the correlation coefficient (r)= 1.00,then
A) there
Q179: Assuming a linear relationship between X and
Q180: onfident that the mean amount of
Q181: Instruction 12.38
The director of cooperative education
Q182: The width of the prediction interval for
Q184: onfident that the mean amount of
Q185: onfident that the mean amount of
Q186: Instruction 12.38
The director of cooperative education
Q187: Instruction 12.38
The director of cooperative education
Q188: Instruction 12.39
The managers of a brokerage
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