Short Answer
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 decision that should be made implies that____________ (there is or there is no)linear dependent relation between the independent and dependent variables.
Correct Answer:

Verified
Correct Answer:
Verified
Q147: Regression analysis is used for prediction,while correlation
Q191: The standard error of the estimate is
Q192: Instruction 12.10<br>A computer software developer would
Q193: Instruction 12.4<br>The managers of a brokerage
Q194: Instruction 12.40<br>The management of a chain
Q195: Instruction 12.28<br>The managers of a brokerage
Q197: Instruction 12.33<br>It is believed that the
Q198: Instruction 12.2<br>A chocolate bar manufacturer is
Q200: Instruction 12.32<br>It is believed that average
Q201: Instruction 12.3<br>The director of cooperative education