The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with electronic trades handled by discount brokers. As part of the survey, members were asked to rate their satisfaction with the trade price and the speed of execution, as well as provide an overall satisfaction rating. 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 computing a weighted average of the scores provided by each respondent. A portion of the survey results follows (AAII website, February 7, 2012). Click on the datafile logo to reference the data. DATA file Trade Price Speed of Еxecution Satisfaction Electronic Trades Brokerage Scottrade, Inc. Charles Schwab 3.4 3.2 3.1 2.9 2.9 2.5 2.6 2.4 2.6 2.3 3.7 2.5 3.0 4.0 3.4 3.3 3.4 3.6 3.2 3.2 3.8 3.8 2.6 2.7 4.0 2.5 3.0 1.0 3.5 3.4 3.9 3.7 2.9 2.7 2.8 3.6 2.6 2.3 4.0 2.5 4.0 2.0 Fidelity Brokerage Services TD Ameritrade E*Trade Financial (Not listed) Vanguard Brokerage Services USAA Brokerage Services Thinkorswim Wells Fargo Investments Interactive Brokers Zecco.com Firstrade Securities Banc of America Investment Services a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker (to 4 decimals). Enter negative values as negative numbers, if required. ® Trade Price + Speed of Execution 2222

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

I need help with part A

The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with electronic
trades handled by discount brokers. As part of the survey, members were asked to rate their satisfaction with the trade price and the speed of
execution, as well as provide an overall satisfaction rating. 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 computing a weighted average of the scores
provided by each respondent. A portion of the survey results follows (AAII website, February 7, 2012). Click on the datafile logo to reference the
data.
DATA file
Trade
Price
Speed of
Execution
Satisfaction
Electronic
Trades
Brokerage
Scottrade, Inc.
Charles Schwab
3.4
3.2
3.1
3.4
3.3
3.4
3.6
3.5
3.4
3.9
3.7
Fidelity Brokerage Services
TD Ameritrade
2.9
E*Trade Financial
2.9
2.5
2.6
3.2
3.2
3.8
2.9
2.7
2.8
(Not listed)
Vanguard Brokerage Services
USAA Brokerage Services
Thinkorswim
2.4
2.6
2.3
3.7
3.8
2.6
2.7
4.0
3.6
2.6
2.3
4.0
Wells Fargo Investments
Interactive Brokers
Zecco.com
Firstrade Securities
Banc of America Investment Services
2.5
3.0
4.0
2.5
3.0
1.0
2.5
4.0
2.0
a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker (to 4
decimals). Enter negative values as negative numbers, if required.
ŷ =
Trade Price +
Speed of Execution
هم
Transcribed Image Text:The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences with electronic trades handled by discount brokers. As part of the survey, members were asked to rate their satisfaction with the trade price and the speed of execution, as well as provide an overall satisfaction rating. 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 computing a weighted average of the scores provided by each respondent. A portion of the survey results follows (AAII website, February 7, 2012). Click on the datafile logo to reference the data. DATA file Trade Price Speed of Execution Satisfaction Electronic Trades Brokerage Scottrade, Inc. Charles Schwab 3.4 3.2 3.1 3.4 3.3 3.4 3.6 3.5 3.4 3.9 3.7 Fidelity Brokerage Services TD Ameritrade 2.9 E*Trade Financial 2.9 2.5 2.6 3.2 3.2 3.8 2.9 2.7 2.8 (Not listed) Vanguard Brokerage Services USAA Brokerage Services Thinkorswim 2.4 2.6 2.3 3.7 3.8 2.6 2.7 4.0 3.6 2.6 2.3 4.0 Wells Fargo Investments Interactive Brokers Zecco.com Firstrade Securities Banc of America Investment Services 2.5 3.0 4.0 2.5 3.0 1.0 2.5 4.0 2.0 a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker (to 4 decimals). Enter negative values as negative numbers, if required. ŷ = Trade Price + Speed of Execution هم
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Anova and Design of Experiments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman