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 0.1038+0.9468x (AAII website). Brokerage O Speed Satisfaction Scottrade, Inc. 3.9 3.5 Charles Schwab 3.1 3.2 Fidelity Brokerage Services 2.6 2.9 TD Ameritrade 2.8 3.2 E*Trade Financial 3.6 3.9 Vanguard Brokerage Services 3.8 4.0 USAA Brokerage Services 2.6 2.5 Thinkorswim 2.5 2.0 Wells Fargo Investments 2.5 2.2 Interactive Brokers 3.3 3.1 Zecco.com 3.9 3.4 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 Mean Square Source Sum of Squares Degrees p-value of Variation (to 4 decimals) of Freedom (to 4 decimals) (to 2 decimals) (to 4 decimals) * x Regression X × Error x Total P-value is less than 0.01 related. We can reject Ho: B₁ = 0, we conclude that speed of execution and overall satisfaction are 6

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7.
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
0.1038+0.9468x (AAII website).
O
Speed Satisfaction
Brokerage
Scottrade, Inc.
3.9
3.5
●
Charles Schwab
3.1
3.2
Fidelity Brokerage Services
2.6
2.9
2.8
3.2
TD Ameritrade
E*Trade Financial
3.6
3.9
Vanguard Brokerage Services
3.8
4.0
USAA Brokerage Services
2.6
2.5
Thinkorswim
2.5
2.0
2.5
2.2
Wells Fargo Investments
Interactive Brokers
Zecco.com
3.3
3.1
3.9
3.4
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?
p-value
Source
Mean Square
Degrees
Sum of Squares
of Variation (to 4 decimals) of Freedom
(to 4 decimals) (to 2 decimals) (to 4 decimals)
X
X
Regression.
X
Error
×
Total
P-value is less than 0.01
related.
We can
reject Ho B₁ = 0, we conclude that speed of execution and overall satisfaction are
DII
80
FB
F6
F5
F4
F3
id R
::
F2
#
69
X
%
A
&
8
aa
F7
*
(
F9
5
с
F10
Transcribed Image Text:7. 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 0.1038+0.9468x (AAII website). O Speed Satisfaction Brokerage Scottrade, Inc. 3.9 3.5 ● Charles Schwab 3.1 3.2 Fidelity Brokerage Services 2.6 2.9 2.8 3.2 TD Ameritrade E*Trade Financial 3.6 3.9 Vanguard Brokerage Services 3.8 4.0 USAA Brokerage Services 2.6 2.5 Thinkorswim 2.5 2.0 2.5 2.2 Wells Fargo Investments Interactive Brokers Zecco.com 3.3 3.1 3.9 3.4 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? p-value Source Mean Square Degrees Sum of Squares of Variation (to 4 decimals) of Freedom (to 4 decimals) (to 2 decimals) (to 4 decimals) X X Regression. X Error × Total P-value is less than 0.01 related. We can reject Ho B₁ = 0, we conclude that speed of execution and overall satisfaction are DII 80 FB F6 F5 F4 F3 id R :: F2 # 69 X % A & 8 aa F7 * ( F9 5 с F10
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