Ch 15 Satisfaction Trade Speed of Electronic Brokerage Price Execution Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 Fidelity Brokerage Services 3.1 3.4 3.9 TD Ameritrade 2.9 3.6 3.7 E*Trade Financial 2.9 3.2 2.9 (Not listed) 2.5 3.2 2.7 Vanguard Brokerage Services 2.6 3.8 2.8 USAA Brokerage Services 2.4 3.8 3.6 Thinkorswim 2.6 2.6 2.6 Wells Fargo Investments 2.3 2.7 2.3 Interactive Brokers 3.7 4.0 4.0 Zecco.com 2.5 2.5 2.5 Firstrade Securities 3.0 3.0 4.0 Banc of America Investment Services 4.0 1.0 Round your answers to three decimal places. Enter negative values as negative numbers. a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker. The regression equation is Satisfaction Electronic Trades Trade Price + Speed of Execution b. Finger Lakes Investments has developed a new electronic trading system and would like to predict overall customer satisfaction assuming they can provide satisfactory levels of service levels both trade price and speed of execution. Use the estimated repression equation developed in part (a) to predict overall satisfaction level for Finger Lakes Investments if they can achieve these performance levels. ale of in for hath don

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question
Ch 15
Satisfaction
Trade Speed of
Electronic
Brokerage
Price
Execution
Trades
Scottrade, Inc.
3.4
3.4
3.5
Charles Schwab
3.2
3.3
3.4
Fidelity Brokerage Services
3.1
3.4
3.9
TD Ameritrade
2.9
3.6
3.7
E*Trade Financial
2.9
3.2
2.9
(Not listed)
2.5
3.2
2.7
Vanguard Brokerage Services
2.6
3.8
2.8
USAA Brokerage Services
2.4
3.8
3.6
Thinkorswim
2.6
2.6
2.6
Wells Fargo Investments
2.3
2.7
2.3
Interactive Brokers
3.7
4.0
4.0
Zecco.com
2.5
2.5
2.5
Firstrade Securities
3.0
3.0
4.0
Banc of America Investment Services
4.0
1.0
Round your answers to three decimal places. Enter negative values as negative numbers.
a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker.
The regression equation is
Satisfaction Electronic Trades
Trade Price +
Speed of Execution
b. Finger Lakes Investments has developed a new electronic trading system and would like to predict overall customer satisfaction assuming they can provide satisfactory levels of service levels
both trade price and speed of execution. Use the estimated repression equation developed in part (a) to predict overall satisfaction level for Finger Lakes Investments if they can achieve these
performance levels.
ale of in for hath don
Transcribed Image Text:Ch 15 Satisfaction Trade Speed of Electronic Brokerage Price Execution Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 Fidelity Brokerage Services 3.1 3.4 3.9 TD Ameritrade 2.9 3.6 3.7 E*Trade Financial 2.9 3.2 2.9 (Not listed) 2.5 3.2 2.7 Vanguard Brokerage Services 2.6 3.8 2.8 USAA Brokerage Services 2.4 3.8 3.6 Thinkorswim 2.6 2.6 2.6 Wells Fargo Investments 2.3 2.7 2.3 Interactive Brokers 3.7 4.0 4.0 Zecco.com 2.5 2.5 2.5 Firstrade Securities 3.0 3.0 4.0 Banc of America Investment Services 4.0 1.0 Round your answers to three decimal places. Enter negative values as negative numbers. a. Develop an estimated regression equation using trade price and speed of execution to predict overall satisfaction with the broker. The regression equation is Satisfaction Electronic Trades Trade Price + Speed of Execution b. Finger Lakes Investments has developed a new electronic trading system and would like to predict overall customer satisfaction assuming they can provide satisfactory levels of service levels both trade price and speed of execution. Use the estimated repression equation developed in part (a) to predict overall satisfaction level for Finger Lakes Investments if they can achieve these performance levels. ale of in for hath don
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