Below are the data for 14 US stock market brokerage firms. Do a regression of Satisfaction Electronic Trades on the other two variables. Brokerage Scottrade, Inc. Charles Schwab Fidelity Brokerage Services TD Ameritrade E*Trade Financial Speed of Execution Trade Price, 3.4 3.2 3.1 2.9 2.9 3.4 3.3 3.4 3.6 3.2 Satisfaction of Electronic Trades 3.5 3.4 3.9 3.7 2.9

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**Exhibit 15-25: Analysis of US Stock Market Brokerage Firms**

This exhibit presents a dataset for 14 US stock market brokerage firms, showcasing three variables: Trade Price, Speed of Execution, and Satisfaction with Electronic Trades. The task is to perform a regression analysis of Satisfaction with Electronic Trades against the other two variables.

**Data Overview:**

| Brokerage                      | Trade Price | Speed of Execution | Satisfaction of Electronic Trades |
|-------------------------------|-------------|---------------------|----------------------------------|
| Scottrade, Inc.               | 3.4         | 3.4                 | 3.5                              |
| Charles Schwab                | 3.2         | 3.3                 | 3.4                              |
| Fidelity Brokerage Services   | 3.1         | 3.4                 | 3.9                              |
| TD Ameritrade                 | 2.9         | 3.6                 | 3.7                              |
| E*Trade Financial             | 2.9         | 3.2                 | 2.9                              |
| (Not listed)                   | 2.5         | 3.2                 | 2.7                              |
| Vanguard Brokerage Services   | 2.6         | 3.8                 | 2.8                              |
| USAA Brokerage Services       | 2.4         | 3.8                 | 3.6                              |
| Thinkorswim                   | 2.6         | 2.6                 | 2.6                              |
| Wells Fargo Investments       | 2.3         | 2.7                 | 2.3                              |
| Interactive Brokers           | 3.7         | 4.0                 | 4.0                              |
| Zecco.com                     | 2.5         | 2.5                 | 2.5                              |
| Firstrade Securities          | 3.0         | 3.0                 | 4.0                              |
| Banc of America Investment Services | 4.0         | 1.0                 | 2.0                              |

**Objective:**
Conduct a regression analysis to understand the relationship between the satisfaction of electronic trades and the other variables.

**Statistical Analysis:**
A question is presented regarding the t-value obtained from Excel for testing an individual parameter at the 5% significance level. The degrees of freedom
Transcribed Image Text:**Exhibit 15-25: Analysis of US Stock Market Brokerage Firms** This exhibit presents a dataset for 14 US stock market brokerage firms, showcasing three variables: Trade Price, Speed of Execution, and Satisfaction with Electronic Trades. The task is to perform a regression analysis of Satisfaction with Electronic Trades against the other two variables. **Data Overview:** | Brokerage | Trade Price | Speed of Execution | Satisfaction of Electronic Trades | |-------------------------------|-------------|---------------------|----------------------------------| | Scottrade, Inc. | 3.4 | 3.4 | 3.5 | | Charles Schwab | 3.2 | 3.3 | 3.4 | | Fidelity Brokerage Services | 3.1 | 3.4 | 3.9 | | TD Ameritrade | 2.9 | 3.6 | 3.7 | | E*Trade Financial | 2.9 | 3.2 | 2.9 | | (Not listed) | 2.5 | 3.2 | 2.7 | | Vanguard Brokerage Services | 2.6 | 3.8 | 2.8 | | USAA Brokerage Services | 2.4 | 3.8 | 3.6 | | Thinkorswim | 2.6 | 2.6 | 2.6 | | Wells Fargo Investments | 2.3 | 2.7 | 2.3 | | Interactive Brokers | 3.7 | 4.0 | 4.0 | | Zecco.com | 2.5 | 2.5 | 2.5 | | Firstrade Securities | 3.0 | 3.0 | 4.0 | | Banc of America Investment Services | 4.0 | 1.0 | 2.0 | **Objective:** Conduct a regression analysis to understand the relationship between the satisfaction of electronic trades and the other variables. **Statistical Analysis:** A question is presented regarding the t-value obtained from Excel for testing an individual parameter at the 5% significance level. The degrees of freedom
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