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
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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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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