rokerage Satisfaction with Trade Price Satisfaction with Speed of Execution Overall Satisfaction with 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
rokerage Satisfaction with Trade Price Satisfaction with Speed of Execution Overall Satisfaction with 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
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
| Brokerage | Satisfaction with Trade Price | Satisfaction with Speed of Execution | Overall Satisfaction with 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 |
 and model the broker's overall satisfaction based on trade price and speed of execution.
**Problem Statement**: If a customer's Satisfaction with Trade Price is 3.7 and their Satisfaction with Speed of Execution is 2.8, what is our prediction for Overall Satisfaction? (Provide your answer to one decimal place.)
**Input Box for Answer**: [ ]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe9045e4c-214a-4ed5-8350-6a40e5f22583%2F93c8b639-0c30-4239-8f4d-443fdbe75c19%2Fcjlj0bu_processed.png&w=3840&q=75)
Transcribed Image Text:**Modeling Broker Satisfaction**
**Assignment Task**: [Download HW 4](#) and model the broker's overall satisfaction based on trade price and speed of execution.
**Problem Statement**: If a customer's Satisfaction with Trade Price is 3.7 and their Satisfaction with Speed of Execution is 2.8, what is our prediction for Overall Satisfaction? (Provide your answer to one decimal place.)
**Input Box for Answer**: [ ]
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