In the table below ratings data on the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation y = -0.8828 +1.2596x (AAII website). Variation Sum of Degrees Mean of Square Freedom (to 4 decimals) We can Squares (to 4 decimals) Regression Error Ⓡ Total P-value is less than 0.01 * Ⓡ * * * * Brokerage Scottrade, Inc. Ⓡ Charles Schwab Fidelity Brokerage Services E*Trade Financial USAA Brokerage Services Thinkorswim Wells Fargo Investments Interactive Brokers Zecco.com 3.3 3.6 At the 0.05 level of significance, test whether speed of execution and overall satisfaction are related. Show the ANOVA table. What is your conclusion? F Source of p-value (to 2 (to 4 decimals) decimals) Speed Satisfaction 3.6 4.0 3.3 Vanguard Brokerage Services 3.1 TD Ameritrade 2.4 3.9 2.7 3.8 3.2 3.1 2.6 2.3 3.4 2.0 3.4 3.8 3.0 3.0 2.3 3.8 reject Ho: B₁ = 0, we conclude that speed of execution and overall satisfaction are + ✔ related.

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In the table below ratings data on the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation
y = -0.8828 +1.2596x (AAII website).
Variation
We
Sum of
Squares
(to 4
decimals)
Regression
Error
Total
P-value is less than 0.01
can
X
X
X
×
X
Brokerage
Scottrade, Inc.
Charles
Schwab
X
Fidelity
Brokerage
Services
TD Ameritrade
E*Trade
Financial
Vanguard
Brokerage
Services
USAA
Brokerage
Services
Thinkorswim
Wells Fargo
Investments
Interactive
Brokers
Speed Satisfaction
3.6
4.0
3.1
3.3
2.7
2.4
3.9
3.8
3.2
3.1
2.6
Zecco.com
3.3
3.6
At the 0.05 level of significance, test whether speed of execution and overall satisfaction are related. Show the ANOVA table. What is your conclusion?
F
Degrees Mean
Source
of
p-value
(to 4
of
Freedom (to 4 decimals) decimals)
Square (to 2
decimals)
3.4
2.3
2.0
3.4
3.8
3.0
3.0
2.3
3.8
✔
reject Ho B₁ = 0, we conclude that speed of execution and overall satisfaction
are
✔
related.
Transcribed Image Text:In the table below ratings data on the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation y = -0.8828 +1.2596x (AAII website). Variation We Sum of Squares (to 4 decimals) Regression Error Total P-value is less than 0.01 can X X X × X Brokerage Scottrade, Inc. Charles Schwab X Fidelity Brokerage Services TD Ameritrade E*Trade Financial Vanguard Brokerage Services USAA Brokerage Services Thinkorswim Wells Fargo Investments Interactive Brokers Speed Satisfaction 3.6 4.0 3.1 3.3 2.7 2.4 3.9 3.8 3.2 3.1 2.6 Zecco.com 3.3 3.6 At the 0.05 level of significance, test whether speed of execution and overall satisfaction are related. Show the ANOVA table. What is your conclusion? F Degrees Mean Source of p-value (to 4 of Freedom (to 4 decimals) decimals) Square (to 2 decimals) 3.4 2.3 2.0 3.4 3.8 3.0 3.0 2.3 3.8 ✔ reject Ho B₁ = 0, we conclude that speed of execution and overall satisfaction are ✔ related.
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