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d. What is the dependent variable? e. What is/are the independent variable(s)? f. At the .01 level, is the overall regression significant? Explain by showing
d. What is the dependent variable? e. What is/are the independent variable(s)? f. At the .01 level, is the overall regression significant? Explain by showing the relevant value(s). g. At the .01 level are each of the independent variables significant? Explain by showing the relevant value(s). h. What percentage of variation in the dependent variable is explained by this regression? i. Give the regression equation. j. Estimate overall satisfaction when trade price is 2.9 and speed of execution is 3.2. HK13 X fix A B C D Trade Speed of Satisfaction Brokerage Price Execution Electronic Trades Scottrade, Inc. 3.4 3.4 3.5 Charles Schwab 3.2 3.3 3.4 4 Fidelity Brokerage Services 3.1 3.4 3.9 5 TD Ameritrade 2.9 3.6 3.7 6 E*Trade Financial 2.9 3.2 2.9 7 (Not listed) 2.5 3.2 2.7 8 Vanguard Brokerage Services 2.6 3.8 2.8 9 USAA Brokerage Services 2.4 3.8 3.6 10 Thinkorswim 2.6 2.6 2.6 11 Wells Fargo Investments 2.3 2.7 2.3 12 Interactive Brokers 3.7 4.0 4.0 13 Zecco.com 2.5 2.5 2.5 14 Firstrade Securities 3.0 3.0 4.0 15 Banc of America Investment Services 4.0 1.0 2.0 16 17 18 19 20Insert Draw Design Layout References Mailings Review View Help Foxit PDF IEW This file has been verified by Microsoft Defender Advanced Threat Protection and it hasn't detected any threats. If you need to edit this file, click enable editing. Enable E SUMMARY OUTPUT Regression Statistics Multiple R 0.826272 R Square 0.682726 Adjusted R Square 0.62504 Standard Error 0.410845 Observations 14 ANOVA Significance df SS MS F F Regression 2 3.99541 1.997705 11.83517 0.001811 Residual 11 1.856733 0.168794 Total 13 5.852143 Standard Coefficients Error t Stat P-value Lower 95% Intercept -0.78348 0.942279 -0.83147- 0.42339 -2.85742 Trade Price 0.557957 0.23317 2.392919 0.035677 0.044753 Speed of Execution 0.734175 0.155738 4.714163 0.000635 0.391398\fThe American Association of Individual Investors (AAll) On-Line Discount Broker Survey polls members on their experiences with electronic trades handled by discount brokers. As part of the survey, members were asked to rate their satisfaction with the trade price and the speed of execution, as well as provide an overall satisfaction rating. 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 computing a weighted average of the scores provided by each respondent. The data file (broker) is enclosed. a. Find the correlation coefficients between overall satisfaction and trade price as well as overall satisfaction and speed of execution. Which between speed or trade price would be more suitable to use to predict overall satisfaction? b. Run a regression to predict overall satisfaction based on trade price. Give your equation. c. Use your equation to estimate overall satisfaction when trade price is 2.9. The following is the output of a multiple regression analysis to predict overall satisfaction with the broker
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