Speed of Exec ut ion Speed of Exec ut ion - Select your answer - b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive : linear relationship between a = speed of execution rating and y = overall satisfaction rating for electronic trades. c. Develop the least squares estimated regression equation. Enter negative value as negative number. Satisfaction = 0.315 + 0.878 Speed (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation. The slope of the estimated regression line is approximately (to 4 decimals). So, a one unit increase : in the speed of execution rating will increase the overall satisfaction rating by approximately points (to 1 decimal). e. Suppose TD Ameritrade 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 2.4 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? 2116 (te desimale)
Speed of Exec ut ion Speed of Exec ut ion - Select your answer - b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive : linear relationship between a = speed of execution rating and y = overall satisfaction rating for electronic trades. c. Develop the least squares estimated regression equation. Enter negative value as negative number. Satisfaction = 0.315 + 0.878 Speed (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation. The slope of the estimated regression line is approximately (to 4 decimals). So, a one unit increase : in the speed of execution rating will increase the overall satisfaction rating by approximately points (to 1 decimal). e. Suppose TD Ameritrade 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 2.4 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? 2116 (te desimale)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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