The managers of a brokerage firm are interested in finding out if the number of new clients
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Question:
The managers of a brokerage firm are interested in finding out if the number of new clients that a broker brings into the firm affect the sales generated by the broker. They sample 12 brokers and determine the number of new clients they have brought in during the past year and their sales in thousands. The data are below.
Broker | Clients | Sales |
1 | 27 | 52 |
2 | 11 | 37 |
3 | 42 | 64 |
4 | 33 | 55 |
5 | 15 | 29 |
6 | 15 | 34 |
7 | 25 | 58 |
8 | 36 | 59 |
9 | 28 | 44 |
10 | 30 | 48 |
11 | 17 | 31 |
12 | 22 | 38 |
The coefficient of determination is?
Related Book For
Elementary Statistics In Social Research Essentials
ISBN: 9780205638000
3rd Edition
Authors: Jack A. Levin, James Alan Fox
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