The American Association of Individual Investors (AAII) On-Line Discount 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 (AAII website, February 7, 2012).
Brokerage | Speed of execution | Satisfaction |
Scottrade, Inc. | 3.4 | 3.5 |
Charles Schwab | 3.3 | 3.4 |
Fidelity Brokerage Services | 3.4 | 3.9 |
TD Ameritrade | 3.6 | 3.7 |
E*Trade Financial | 3.2 | 2.9 |
We want to predict "Satisfaction" using "Speed of execution".
Question: If we want to predict "Satisfaction" using "Speed of execution", which variable is the dependent variable (y)?
a) "Speed of execution" is the dependent variable.
b) "Satisfaction" is the dependent variable.
b) "Satisfaction" is the dependent variable.
Brokerage | Speed of execution | Satisfaction |
Scottrade, Inc. | 3.4 | 3.5 |
Charles Schwab | 3.3 | 3.4 |
Fidelity Brokerage Services | 3.4 | 3.9 |
TD Ameritrade | 3.6 | 3.7 |
E*Trade Financial | 3.2 | 2.9 |
b) "Satisfaction" is the dependent variable.
In a regression analysis, the dependent variable (y) is the variable that you are trying to predict or explain based on the independent variable(s). In this case, the survey wants to predict "Satisfaction" based on "Speed of execution." Therefore, "Satisfaction" is the dependent variable (y), and "Speed of execution" is the independent variable.
The American Association of Individual Investors (AAII) On-Line Discount Broker Survey polls members on their experiences...
The American Association of Individual Investors (AAII) 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...
A some association On-Line Discount 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 (), 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...
The American Association of Individual Investors (AAII) 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...
The American Association of Individual Investors (AAII) 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...
A some association On-Line Discount 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 (I), 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...
A some association On-Line Discount 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 (l), 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...
The American Association of Individual Investors (AAII) On-Line Discount 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 (), unsatisfied (), somewhat satisfied (), satisfied (), and very satisfied (). For each broker summary scores were computed by calculating a weighted average...
A some association On-Line Discount 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 (I), 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...
This is all one problem, please solve completely. Thank you. some association On-Line Discount 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 (I), somewhat satisfied (2), satisfied (3) and very satisfied (4). For each broker summary scores were computed...
please help You may need to use The American Association of Individual investors (AAR) On-Line Discount Broker Survey polis 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 electronk trades. Possible responses (scores) were no opinion (0), unsatisfied (1), somewhat satisfied (2), satisfied (3). and very satisfied (4). For each broker suvery scores...