GE MINDTAP Q Search this co Homework 7 (Chapter 14) - Part A The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with discount brokers. As part of the survey, members were asked to rate the quality of the speed of execution with their broker as well as provide an overall satisfaction rating for electronic trades. Possible responses (scores) were no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3), and very satisfied (4). For each broker summary scores were computed by calculating a weighted average of the scores provided by each respondent. A portion of the survey results follow (AAII website, February 7, 2012). Brokerage Speed Satisfaction Scottrade, Inc. 2.4 2.4 Charles Schwab 3.8 3.5 Fidelity Brokerage Services 3.9 4.0 TD Ameritrade 2.9 3.1 ETrade Financial 3.6 3.7 Vanguard Brokerage Services 3.7 3.8 USAA Brokerage Services 2.5 2.8 Thinkorswim 4.0 3.7 Wells Fargo Investments 2.4 1.9 Interactive Brokers 3.2 3.5 Zecco.com 3.0 2.7 a. Select a scatter diagram for these data with the speed of execution as the independent variable. A. B. 4.5- 4.5+ 3.5 3.5 Sat isfaction Satisfaction
GE MINDTAP Q Search this co Homework 7 (Chapter 14) - Part A The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with discount brokers. As part of the survey, members were asked to rate the quality of the speed of execution with their broker as well as provide an overall satisfaction rating for electronic trades. Possible responses (scores) were no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3), and very satisfied (4). For each broker summary scores were computed by calculating a weighted average of the scores provided by each respondent. A portion of the survey results follow (AAII website, February 7, 2012). Brokerage Speed Satisfaction Scottrade, Inc. 2.4 2.4 Charles Schwab 3.8 3.5 Fidelity Brokerage Services 3.9 4.0 TD Ameritrade 2.9 3.1 ETrade Financial 3.6 3.7 Vanguard Brokerage Services 3.7 3.8 USAA Brokerage Services 2.5 2.8 Thinkorswim 4.0 3.7 Wells Fargo Investments 2.4 1.9 Interactive Brokers 3.2 3.5 Zecco.com 3.0 2.7 a. Select a scatter diagram for these data with the speed of execution as the independent variable. A. B. 4.5- 4.5+ 3.5 3.5 Sat isfaction Satisfaction
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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Question
![* 100%
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CC 201
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mb//evo/index.html?deploymentid=59965220544781978962
e780357131596&ld%3D894632737&snapshotid-1740686&
AGE MINDTAP
Q Search this course
- Homework 7 (Chapter 14) - Part A
O The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with discount brokers. As part of
the survey, members were asked to rate the quality of the speed of execution with their broker as well as provide an overall satisfaction rating for electronic
trades. Possible responses (scores) were no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3), and very satisfied (4). For each broker summary
scores were computed by calculating a weighted average of the scores provided by each respondent. A portion of the survey results follow (AAII website,
February 7, 2012).
Brokerage
Speed
Satisfaction
Scottrade, Inc.
2.4
2.4
Charles Schwab
3.8
3.5
Fidelity Brokerage Services
3.9
4.0
TD Ameritrade
2.9
3.1
E*Trade Financial
3.6
3.7
Vanguard Brokerage Services
3.7
3.8
USAA Brokerage Services
2.5
2.8
Thinkorswim
4.0
3.7
Wells I
Investments
2.4
1.9
Interactive Brokers
3.2
3.5
Zecco.com
a. Select a scatter diagram for these data with the speed of execution as the independent variable.
3.0
2.7
A.
B.
4.5-
4.5-
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Transcribed Image Text:* 100%
Mon 1:51 PM
Uni
Bb Pep
E Exp
O Mai
U My
*Ix. Que
Har
Cor
CC 201
A My
E Sel
O Fac
a Prir
E Pee
Am
mb//evo/index.html?deploymentid=59965220544781978962
e780357131596&ld%3D894632737&snapshotid-1740686&
AGE MINDTAP
Q Search this course
- Homework 7 (Chapter 14) - Part A
O The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with discount brokers. As part of
the survey, members were asked to rate the quality of the speed of execution with their broker as well as provide an overall satisfaction rating for electronic
trades. Possible responses (scores) were no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3), and very satisfied (4). For each broker summary
scores were computed by calculating a weighted average of the scores provided by each respondent. A portion of the survey results follow (AAII website,
February 7, 2012).
Brokerage
Speed
Satisfaction
Scottrade, Inc.
2.4
2.4
Charles Schwab
3.8
3.5
Fidelity Brokerage Services
3.9
4.0
TD Ameritrade
2.9
3.1
E*Trade Financial
3.6
3.7
Vanguard Brokerage Services
3.7
3.8
USAA Brokerage Services
2.5
2.8
Thinkorswim
4.0
3.7
Wells I
Investments
2.4
1.9
Interactive Brokers
3.2
3.5
Zecco.com
a. Select a scatter diagram for these data with the speed of execution as the independent variable.
3.0
2.7
A.
B.
4.5-
4.5-
dtv
MacBook Air
20
D00
F7
F
F10
%
&
*
7
8.
9
R
Y
U
P
F
G
K
* CO
T
LL
![O Fac
O Prir
A Am
buvevo/index.html?deploymentid=5996522054478197896265359&elSBN=9780357131596&id-894632737&snapshotld-1740686&
GE MINDTAP
Q Search th
Homework 7 (Chapter 14) - Part A
-2.5-
-2.5-
2.5
3.5
•4
4.5
2.5
3.5•
4.5
Speed of Execut ion
Speed of Execut ion
- Select your answer - :
b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
The scatter diagram indicates a- Select your answer - linear relationship between a = speed of execution rating and y = overall satisfaction rating for
electronic trades.
c. Develop the least squares estimated regression equation. Enter negative value as negative number.
Satisfaction =
Speed (to 4 decimals)
d. Provide an interpretation for the slope of the estimated regression equation.
The slope of the estimated regression line is approximately
(to 4 decimals). So, a one unit- Select your answer - in the speed of execution
rating will increase the overall satisfaction rating by approximately
points (to 1 decimal).
e. Suppose Wells Fargo Investments developed new software to increase their speed of execution rating. If the new software is able to increase their speed of
execution rating from the current value of 2.4 to the average speed of execution rating for the other 10 brokerage firms that were surveyed, what value would
you predict for the overall satisfaction rating?
(to 3 decimals)
tv
MacBook Air
20
F3
F4
F6
F10
24
&
4
5
6
7
9.
R
T
Y
P
Satisfaction
Satisfaction](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F10a3752c-32c6-4433-905d-da29834997c3%2F5f469c48-21c8-4f72-9386-12fbc7f03163%2Fsjd1cnj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:O Fac
O Prir
A Am
buvevo/index.html?deploymentid=5996522054478197896265359&elSBN=9780357131596&id-894632737&snapshotld-1740686&
GE MINDTAP
Q Search th
Homework 7 (Chapter 14) - Part A
-2.5-
-2.5-
2.5
3.5
•4
4.5
2.5
3.5•
4.5
Speed of Execut ion
Speed of Execut ion
- Select your answer - :
b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables?
The scatter diagram indicates a- Select your answer - linear relationship between a = speed of execution rating and y = overall satisfaction rating for
electronic trades.
c. Develop the least squares estimated regression equation. Enter negative value as negative number.
Satisfaction =
Speed (to 4 decimals)
d. Provide an interpretation for the slope of the estimated regression equation.
The slope of the estimated regression line is approximately
(to 4 decimals). So, a one unit- Select your answer - in the speed of execution
rating will increase the overall satisfaction rating by approximately
points (to 1 decimal).
e. Suppose Wells Fargo Investments developed new software to increase their speed of execution rating. If the new software is able to increase their speed of
execution rating from the current value of 2.4 to the average speed of execution rating for the other 10 brokerage firms that were surveyed, what value would
you predict for the overall satisfaction rating?
(to 3 decimals)
tv
MacBook Air
20
F3
F4
F6
F10
24
&
4
5
6
7
9.
R
T
Y
P
Satisfaction
Satisfaction
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