In the table below ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation ŷ = 0.6132 + 0.8031x (AAII website). Brokerage Speed Satisfaction Scottrade, Inc. 2.6 2.6 Charles Schwab 3.9 3.8 Fidelity Brokerage Services 4.0 3.5 TD Ameritrade 4.0 3.5 E*Trade Financial 3.3 3.6 Vanguard Brokerage Services 3.3 3.4 USAA Brokerage Services 3.5 4.0 Thinkorswim 3.6 3.5 Wells Fargo Investments 3.1 3.0 Interactive Brokers 2.9 3.1 Zecco.com 2.6 2.3 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? Source Sum of Squares Degrees Mean Square p-value of Variation (to 4 decimals) of Freedom (to 4 decimals) (to 2 decimals) (to 4 decimals) Regression 1.6946 1 1.6946 17.22 0.0025 Error 0.8854 9 0.0984 Total 2.58 10 P-value is less than 0.01 We can a reject Ho : B1 = 0, we conclude that speed of execution and overall satisfaction are related.

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ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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In the table below ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the
estimated regression equation ŷ = 0.6132 + 0.8031x (AAII website).
Brokerage
Speed Satisfaction
Scottrade, Inc.
2.6
2.6
Charles Schwab
3.9
3.8
Fidelity Brokerage Services
4.0
3.5
TD Ameritrade
4.0
3.5
E*Trade Financial
3.3
3.6
Vanguard Brokerage Services
3.3
3.4
USAA Brokerage Services
3.5
4.0
Thinkorswim
3.6
3.5
Wells Fargo Investments
3.1
3.0
Interactive Brokers
2.9
3.1
Zecco.com
2.6
2.3
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?
Source
Sum of Squares
Degrees
Mean Square
F
p-value
of Variation
(to 4 decimals)
of Freedom (to 4 decimals) (to 2 decimals) (to 4 decimals)
Regression
1.6946
1
1.6946
17.22
0.0025
Error
0.8854
9
0.0984
Total
2.58
10
P-value is
less than 0.01
We
+) reject Ho: B1 = 0, we conclude that speed of execution and overall satisfaction are
can
related.
Transcribed Image Text:In the table below ratings data on x = the quality of the speed of execution and y = overall satisfaction with electronic trades provided the estimated regression equation ŷ = 0.6132 + 0.8031x (AAII website). Brokerage Speed Satisfaction Scottrade, Inc. 2.6 2.6 Charles Schwab 3.9 3.8 Fidelity Brokerage Services 4.0 3.5 TD Ameritrade 4.0 3.5 E*Trade Financial 3.3 3.6 Vanguard Brokerage Services 3.3 3.4 USAA Brokerage Services 3.5 4.0 Thinkorswim 3.6 3.5 Wells Fargo Investments 3.1 3.0 Interactive Brokers 2.9 3.1 Zecco.com 2.6 2.3 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? Source Sum of Squares Degrees Mean Square F p-value of Variation (to 4 decimals) of Freedom (to 4 decimals) (to 2 decimals) (to 4 decimals) Regression 1.6946 1 1.6946 17.22 0.0025 Error 0.8854 9 0.0984 Total 2.58 10 P-value is less than 0.01 We +) reject Ho: B1 = 0, we conclude that speed of execution and overall satisfaction are can related.
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