Suppose Zecco.com 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 to the average speed of execution rating for the other brokerage firms that were surveyed, what value would you predict for the overall satisfaction rating?

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e. Suppose Zecco.com 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 to the average speed of execution rating for the other brokerage firms that were surveyed, what value would you predict for the overall satisfaction rating?

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xercise 14.08 Algorithmic : Partially Correct
A Some assotiativuii Oi-LimE DIStount 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. A
portion of the survey results follow
Brokerage
Speed Satisfaction
Scottrade, Inc.
3.0
2.7
Charles Schwab
3.6
3.5
Fidelity Brokerage Services
3.4
3.9
TD Ameritrade
3.7
3.9
E*Trade Financial
2.7
2.9
Vanguard Brokerage Services
2.7
2.7
USAA Brokerage Services
2.8
2.3
Thinkorswim
3.0
3.0
Wells Fargo Investments
2.7
2.7
Interactive Brokers
3.2
2.8
Zecco.com
2.5
2.3
a. Select a scatter diagram for these data with the speed of execution as the independent variable.
Transcribed Image Text:еВook xercise 14.08 Algorithmic : Partially Correct A Some assotiativuii Oi-LimE DIStount 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. A portion of the survey results follow Brokerage Speed Satisfaction Scottrade, Inc. 3.0 2.7 Charles Schwab 3.6 3.5 Fidelity Brokerage Services 3.4 3.9 TD Ameritrade 3.7 3.9 E*Trade Financial 2.7 2.9 Vanguard Brokerage Services 2.7 2.7 USAA Brokerage Services 2.8 2.3 Thinkorswim 3.0 3.0 Wells Fargo Investments 2.7 2.7 Interactive Brokers 3.2 2.8 Zecco.com 2.5 2.3 a. Select a scatter diagram for these data with the speed of execution as the independent variable.
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