The American Association of Individual Investors (AAII) Online Discount Broker Survey gathers insights from members regarding their experiences with discount brokers. Participants in the survey were asked to evaluate both the speed of execution with their broker and their overall satisfaction with electronic trades. The potential responses (scores) included: no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3), and very satisfied (4). Each broker's scores were computed using a weighted average of individual respondent scores. Below are the summarized results from the survey:| Brokerage | Speed | Satisfaction ||-------------------------------|-------|--------------|| Scottrade, Inc. | 3.4 | 3.5 || Charles Schwab | 3.3 | 3.4 || Fidelity Brokerage Services | 3.4 | 3.9 || TD Ameritrade | 3.6 | 3.7 || E*Trade Financial | 3.2 | 2.9 || Vanguard Brokerage Services | 3.8 | 2.8 || USAA Brokerage Services | 3.8 | 3.6 || Thinkorswim | 2.6 | 2.6 || Wells Fargo Investments | 2.7 | 2.3 || Interactive Brokers | 4.0 | 4.0 || Zecco.com | 2.5 | 2.5 |Interactive Brokers received the highest scores for both speed and satisfaction, each attaining a perfect score of 4.0. In contrast, Zecco.com had the lowest scores in both categories, each at 2.5. This table provides valuable insights into customer perceptions of speed and satisfaction for each brokerage. **Transcription:**(e) Suppose Thinkorswim 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 2.6 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? (Round your answer to one decimal place.)[Text box for answer]

Given that: Speed, x Satisfaction, y 3.4 3.5 3.3 3.4 3.4 3.9 3.6 3.7 3.2 2.9 3.8 2.8…

Answered: The American Association of Individual…

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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Since 1999, The Harris Poll has conducted an annual survey to measure the reputations of the most visible companies in the United States, as perceived by U.S. adults. The Harris Poll uses a sample of about 23,000 U.S. adults for the survey. The survey respondents rate companies according to 20 attributes that are classified into six categories: (1) social responsibility, (2)vision and leadership, (3)financial Performance ,(4)products and services, (5) emotional appeal, and (6) workplace environment. This information is used to determine the reputation of a company. Reputations of 10 Companies in the U.S. Company Name Year Company formed Reputation Industry Number of Employees Amazon.com 1994 Excellent Retail 230,800 Apple Inc 1977 Excellent Computer and peripherals 116,000 Netflix Inc 1999 Very good Internet Television 4,700 The Kraft Heinz Co 2015 Very good Food products 41,000 Facebook Inc 2004 good Internet…
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. Suppose a portion of the survey results follow. Brokerage Speed Satisfaction A 3.4 3.5 B 3.3 3.5 C 3.4 3.9 D 3.6 3.6 E 3.2 2.9 F 3.8 2.8 G 3.8 3.6 H 2.6 2.6 I 2.7 2.3 J 4.0 4.0 K 2.5 2.5 These ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation ŷ = 0.243 + 0.896x. At the 0.05 level of…
Please help on d and e
Westminster Financial has released a summary of investment package information from the past fiscal year. During this time, Westminster provided a choice among twelve pre-designed investment packages. Westminster classified the packages into three categories according to riskiness. We're interested in the possible relationship between the age of an investor and the riskiness of the investment package she chose. So, there are two variables under consideration: age of Westminster investor ("under 35", "35-49", or "50+") and riskiness of investment choice ("risky", "moderate/mixed", or "conservative"). The contingency table below gives a summary of the information released by Westminster regarding age and riskiness of investment package for a random sample of 150 investors. Each cell of the table contains three numbers: the first number is the observed cell frequency (fO); the second number is the expected cell frequency (fE) under the assumption that there is no relationship between the…
A retailer is looking to evaluate its customer service. Management has determined that if the retailer wants to stay competitive, then it will have to have at least a 91% satisfaction rate among its customers. Management will take corrective actions if the satisfaction rate falls below 91%. They conduct a survey to determine if the satisfaction rate is lower than 91%. A survey of 1,450 customers showed that 1,305 were satisfied with their customer service. (a) Give the test statistic. (Round to two decimal places.) (b) Give the p-value (Round to three decimal places.) (c) State whether or not the management should take corrective action, based on a 5% significance level. Explain briefly.
In determining the best companies to work for, a number of variables are considered, including size, average annual pay, and employee turnover rate. Moreover, employee surveys are conducted to assess aspects of the organization's culture, such as trust and openness to change. In an attempt to determine what affects turnover rate, a sample of 33 companies was randomly selected, and data were collected on the average annual bonus and turnover rate (%) for 2008. In addition, a questionnaire was administered to the employees of each company to arrive at a trust index (measured on a scale of 0-100). Below are the multiple regression results. Predictor Coef SE Coef T P R-square Constant 12.1005 0.7826 15.46 0.000 79.6% Trust Index -0.07149 0.01966 -3.64 0.001 Average Bonus -0.0007216 0.0001481 -4,87 0.000 The correct null hypotheses for testing the regression coefficient of Trust Index (TI) is βTI ≠ 0…
The sales for Sunflowers Apparel, a chain of upscale clothing stores for women, have increased during the past 12 years as the chain has expanded the number of stores open. Until now, Sunflowers managers selected sites based on subjective factors, such as the availability of a good lease or the perception that a location seemed ideal for an apparel store. As the new director of planning, you need to develop a systematic approach that will lead to making better decisions during the site selection process. As a starting point, you believe that the size of the store significantly contributes to store sales, and you want to use this relationship in the decision-making process. To examine the relationship, a sample of 14 stores was selected. The results are recorded in the accompanying table: Store Size (thousands of sq. ft) Annual Sales (millions of $) 1 1.7 3.7 2 1.6 3.9 3 2.8 6.7 4 5.6 9.5 5 1.3 3.4 6 2.2 5.6 7 1.3 3.7…

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